Hi Robin,
I've used OS 40FP (Tower 40 is an identical clone) for years. APC 10.5x4.5 is the best prop for it. However, you don't want to adjust speed of the airplane using the needle setting. The needle should be set for the engine to give you a wet 2-stroke on the ground. I think it turned about 10,200-10,400 RPM on the ground, but I don't remember exactly.
If the resulting flight is too fast or too slow, adjust lap time either by using different line length (rule of thumb: extra 1 ft of line adds roughly 0.1 sec to lap time), or by finding a similar APC prop with higher or lower pitch, same diameter.