man, that thibng is really all you need. If you dont mind me asking, how much total do you have into that boat? IM just curious, cause where I stand it doesnt seem like someone needs to spend 20-40k on some Champion boat or whatever at all....I mean, would you feel comfortable fishing in tourneys with that? I dont see why not, right? How much speed does the 4hp give ya? I would assume plenty to get from one side of a lake to the other in a somewhat reasonable amount of time, right? Nice job on the mod....boat looks great. Im jealous and I want it! 
This is a touchy subject for sure. A boat is just a tool that helps you catch fish. What a person needs for a boat depends on how much they fish, where they fish, whether they tournament fish or not, etc., etc.
I agree that there are a lot of people running around out there with $30,000 bass boats who don't really need them, but it's their money that they're throwing away, not mine, so I don't worry about it!
I started out with a 10 ft. Jon boat and slowly moved up to an 18 foot boat, with my most recent being the G3 HP 180 that I currently own. Yes... it's fast, but it's not just about being fast. There are plenty of boats out there that will blow mine away when it comes to top end speed. But my boat is a tool that I use to catch bass... period.
If I had a smaller boat and tried to fish tournies in it, it would definitely impact how and where I fish. With this boat I'm comfortable running across a lake when it's windy or rough. I don't have to worry about being swamped by the wakes of other boats, or tipping it over if I move the wrong way in it while I'm fishing.
I remember having smaller boats and smaller motors and taking 10 minutes to cross Watchaug Pond or 15 minutes to cross Wordens Pond. I also remember some wild rides crossing these lakes when it was windy!!
It's all about personal preference. Whatever suits your style of fishing and your budget is what's right for for you

It's kind of like the Fiberglass vs. Aluminum boat debate. Both types of boats have their place and some people have their preferences. I prefer aluminum because it's maintenance free, handles banging off a few rocks without having to worry about cracking the gel coat, etc. That's
my preference, whereas someone else might prefer a glass boat hands down.
So if it works for you and you're comfortable with it, that's all that matters.
