Maurice,
I know nothing about bow protectors, but propeller blades ….
More blades is not necessarily a good thing! Propellers are designed to be efficient in transferring engine thrust to the water and so moving the craft forward (and therefore the water backwards). A particular design will have a pitch and curvature optimised for a particular speed, this is similar to gears in a car, some are better for dragging a heavy weight up a hill at low speed, others for cruising fast on a motorway, in both cases the engine rpm is within a similar range. But you are asking about the number of blades, not its’ pitch; obviously, the more surface area a propeller has the more water it can “push against”, and so the more power it can transfer. You can gain area by increasing the diameter or adding blades. But consider the following:
You are travelling at 4kts using 1000 rpm. 4kts is 4 x 6080 feet per hour or (4 x 6080)/60 feet per minute or (4 x 6080)/( 60 x 60) feet per second which is about 6.75 feet, or 80 inches per second.
1000 rpm is 1000/60 rev’s per second which is about 17. That means that in one revolution of the drive shaft the propeller had moved about 5 inches forwards (80/17). I can tell that you are already bored and wondering where this is going, so the point is: If your propeller had just one blade then each time it reaches the same point in the rotation (let’s say vertically up (or down)), then it is meeting water that is 5 inches away from where it last disturbed, and pushed-on, the water. If you have a 2-bladed propeller each blade will cut through the water every 2.5 inches, 4-blades every 1.25 inches etc. The problem is that the passage of the first blade has “disturbed” the water, so a following blade is not so effective, and the closer it follows the less effective it is. From the efficiency point of view a single blade would be best … but you might notice the vibration!
Consider how the spitfire (wartime aeroplane) design evolved from 2 to 3, 4 and 5-bladed propellers as power and speeds increased over a few years.
Sorry if this has been a bit of a lecture, but I think the bottom line is that for cruising gently on the broads it probably makes no difference!