Chuck- Changing the pitch on a kicker motor is good for the motor, but only results in minimial speed gains. Doing so on a 40-50 hp twin main may produce some real results.
On my CD-22 Cruiser, I changed the prop on my 15 hp Johnson 2-cycle kicker from 10 to 5 inches and it really benefited the performance the motor. Instead of lugging out to a peak of about 3000 rpms (judged by sound-w/o a tachometer), the motor will now fully wind up to about 6000 rpm. The big benefit is to the engine, which can now rev up easily and not lug, blow out unused oil, and foul plugs, etc.
But the speed changes little, from about 6 to maybe 8 mph. The boat is still very much trapped in displacement mode and won't climb up on the bow wave and plane, but instead just goes a little faster and mostly drags a bigger wake. This is probably why limiting a kicker to a 8-10 hp max is the usual thing to do. Going to a sailboat style "bigfoot" auxillary that has a lower gear ratio and a larger, lower pitched prop is a much better set up as far as energy (really momentum) transfer is concerned, but displacement speed is displacement speed, as you know. We sailboaters understand this well.
I think you're right about the possibility of getting minimal or slightly better planing performance from one of a set of twins. From my handling experience with the CD-22, climbing up to get the boat on step at the beginning of the planing mode would seem to take about 40-50 hp, roughly judged. A single motor of a pair of twins with the right switch in props might just be able to get much better up into and beyond the 9-11 mph range where planing initiates and continue (if not to heavily loaded, of course), but then one would be have to be able to change props and be willing to run up near or at the maximum rpm continuously to do so. It would be great if someone has the extra low pitched prop to try this out. Joe.