I'm having a lot of success running my LA46 and LA40 in a wet two-stroke with 12.25 x 3.75 APC props, or ThunderTiger 11-4.5 props. That's how most of the successful fliers in the Pacific Northwest tend to run their engines. I seem to get the best flights when the engine runs in sort of a ragged 2-stroke, like it's thinking of going to a 4-stroke, in the first few laps of the pattern.
There's a "list your LA46 set-up" in this forum. You can pick through there and see what you think.