Go for the 2.8 over the 2.3, or a 3 litre Essex if you can find one.
The gearbox cross member is only bolted on a series if it's an ex-military chassis, this certainly applies to Series 3, though 2s and 2As I don't know if the military chassis was that different.
I don't know what a hattie transmission is, so don't know about your Q on props. You can get props custom made by several companies though.
You main issue on dunking a petrol is afterwards when you stop, you quite often have to pause after a water dip on some courses, just keep the revs up and don't let it stop, or it may not start again, especially if it is faltering or threatening to cut out. Get some sort of splash guard fabricated, the v6 sits quite low, so the fan belt pulls up more water, even with no fan. On the Cologne, IIRC the distributor is at the rear (Jim-Willy can verify / deny) so not much problems there from spray to the dizzy, not like my Essex with the dizzy at the front...
You can get silicon grease or spray from
Difflock (search for silicon) to sort out water Ingress via the HT leads. Though you will always get problems from condensation inside the dizzy, unless you pull some special mods like vacuum to the dizzy, or air pressure to the dizzy. How deep do you plan to go? If you are going in water over the tops of standard tyres you'll want a snorkel anyway so as not to get water in the air intake...
Rob.