I have a 95 baja hot shot. In 96 baja called the exact same boat the outlaw. The boat measures 20'4", I believe the same as the new ones. I wouldn't be too worried about the 300hp and alpha combo. I was looking to repower, and a relatively reliable (current racer and marine mechanic) source told me I was fine to around 350hp w/ the drive due to the boat being so light. One thing to consider is the deadrise is NOT 24 degree. Not the best in rough water, but a bit faster. If you are looking for a better ride in the rough, get a 24 degree boat. You can always go a couple feet bigger if the trailer has a swing away toung.