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I like Deep V hulls. I have a friend with a tracker and it is nice. I've always wondered if they would work with a jet. I think you'd need to check the deadrise. Outboardjets.com mentions something about greater than 12 degrees I think could be trouble. As for the power the pump output is the engine rating. I don't think the Merc 60/40 jets even have 60 listed on them, so you should be fine with a 40. How much does the boat weight? Seems like 40 would be kinda weak on one of those big Deep V hulls.