Yes Dennis, I think the 12x8 will work, but you must remember that there IS a difference. While the pitch speed difference is because of UCT airfoil on old props, and new 12x8 prop has flatter arirfoil with more pitch and thus AoA in the air, the pitch speed can be aproximately same, but static thrust will be probably lower on 12x8 with flat airfoil, because that UCT airfoil on old prop can make more lift at its critical AoA. So I expect that the new prop cannot keep the speed as well as the olp prop did. It is only my guess, but I will be very surprised if I am wrong :- )))))
I think it will be much better to redesigh the power train to that new 12x6 at higher rpm then to use 12x8. May be it is even better to use new 13x6,5 instead of old 12x6. The rpm difference will be certainly smaller that with new 12x6. And IF it loads too much then we can still make it shorter.