Walleyewon,
I have an 18 foot Lund Pro-V with a HO 150 HP ETEC with a SS 3 blade Raker II. I believe it is a 21 inch pitch prop. One commenter talked about a 3-blade rooster tail. Well they are right in my case. I have one that is at least 5 feet high. It is best to have your rpm close to the recommended max rpm at full open throttle. I get close to 5600 rpm at WOT. I have never experience any cavitation issues either at high speed or turning. If I trim down I do like to slow down to make sharp turns because the steering is very tight at high speed and low trim. I do not have any trouble turning at high speed if I have the motor trim up high. In 4 ft waves and low gas in my fuel tanks the boat can be a little harder to control at full speed. I'm used to it but an old lady my roll the boat. For rough water I sometimes wish I had a four blade to give me increase stability. Thing is, the real rough water conditions are few and far between on the back lakes that I frequent most.
For most conditions you should look into a 3 blade High cupped prop from Mercury if you fish back lakes. If you spend most of your time on one of the Great Lakes look at a 4 or 5 blade prop. Whatever prop you pick, it should not cavitate excessively and should run as close to max recommended rpm at WOT.
Good Luck picking a prop. It can be a challenge to say the least. Some boaters never find the right prop.
BATMAN