Dennis, the bolts are clamping devices, really springs which are stretched to a specific tension. In this application, the bolts do not transmit engine torque. They merely clamp the parts together, and here you are not changing the clamping force.
Actually, when clamping a wood prop, the longer bolts are safer. Given a short bolt, a very high percentage of the bolt tension goes away with only a small shrinkage of the wood hub. For the same hub shrinkage, the reduction in tension is less as the bolt becomes longer.
I don't think the additional mass of the 1" steel plate would make any practical difference in terms of the prop assembly. Technically there would be a tiny addition to precession load given a high pitch or yaw rate, but we're talkin' tiny, and power-on flat spins. I suppose it could be off center and cause a balance problem if your prop holes are oversize. You could fix that by adding a centering stub into the prop center hole.
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Dan Horton
RV-8 SS
Barrett IO-390
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