Newer four stroke the way to go ,but be careful of boat's in need of transom repair. I have a couple of boat's with a I/O that are not too bad on maintenance I was just stating a fact through experience that the 470 I/O just don't go that fast.
Their is a guy on this site, isn't on lately that has been working on 470 monster motor for about three years that thinks those motors are capable of that speed and more. Maybe one day we will see.
In no way will I describe a V-20 boat for its performance other then AWESOME. Most of these boats can be purchased around 2000.00 to 3500.00 dollars and with the INFO of a couple Awesome wrench's around here you will be able to repair or rebuild your rig. This is the only and BEST SITE for V-20's Good luck with your boat!