I prepared for the test and added a lot of counterweight to get the deck awash. New seal around the engine compartment looks good in the tub. I switched to a Lithium battery as the old NiMH batt I had didn't want to work.
Took it for a test run in the pool before adding the details and paint. First run went well but took on water after a few minutes because the gasket was not seated right. Fixed and tried again, turning is poor (I will adjust the rudder later) went more than fast enough at 1/5th throttle. With that aircraft motor and the silicone tube shaft coupler that was included, any more would damage it. But that's okay, I still had all the power I needed and more.
Handling was significantly better under water, but I had trouble maintaining depth at first. It went nose up and down a few times but I recovered. Seems it takes very little movement to control, on top of that, this kit was designed to dive anyway so the non-moving bow planes are already set slightly down, this means that, if balanced like mine, at cruse speed it will dive by itself and you will actually have to pull up some!
All said, it was a great success, I'm going to make a few adjustments to improve the turning and seals and then fill out the details, whole thing only took about a week.
I posted a video of the second test run on Youtube, sorry for the quality, I forgot to change the resolution on the camera: