I am in the process of building a Cozy MKIV (540) and it is about 60% done. You can see it at http://home.intekom.co.za/qmain/JANNIE~1.HTM I have a "0" timed Lycoming E4B5 O-540 rated at 260Hp ready to install. I plan on a 70" diameter prop with a 106" pitch.

Aircraft Specs
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