Hi,
It's a lot of trouble, but I have counterbored the front of some APC prop hubs (wood props, too) just enought to allow the use of a small dia. washer/prop nut to be used.
On my very old MVVS RIRE 51, the counterbore is about 1/2 in. dia. and about 3/16 in. deep, this on an APC 12x5 prop. The shaft on this old engine is somewhat shorter than the later production MVVS .49 Akrobat.
Jim