Fast back is faster.
All of the above information is valid and well written. Stock, out of the box an RV4 performs extremely well compared to certified airplanes of the same HP. You can clean them up, fair them up and gain a few knots here and there or do what Dave Anders did. Regardless, even the most draggy, beat up, poorly faired RV4 performs well, way better than a 150HP C-172. You can land on fairly rough grass strips (like mine) nice short ones (like Steve Sampson's), climb out of Leadville (9927') with 2 aboard on a hot day and go 180 MPH all day long. Questions?
When eleven of my fellow squadron mates all had RV4's I had a chance to see up close and personal the efficiencies of different engine/prop combinations. The 180HP C/S RV-4 burns less fuel over a given distance than the 150HP FP at 75% cruise speed. However, at the lower end of the speed spectrum, (120 knots) the numbers are nearly identical.
Now for the kicker. All those long trips I took in my RV4 over the 12 years I flew it I kept track of fuel burns over a given distance. Amazingly enough my 285HP GAMI injected Harmon Rocket
burns less fuel over a given distance than my 150HP RV4! 10.3 GPH at 185 knots true is pretty good efficiency. When I travel XC with RV's I usually put in less fuel than them on gas stops which always yields perplexed looks. It does have a foot and a half less wing and a longer fuselage (and mud caked on it) but still delivers amazing performance, especially at low power settings (<50%)which is down at RV cruise speeds. FYI, my buddy JJ's fastback four with 180HP and a Hartzell BA goes 180 knots true at just over 9 GPH.
Why? John Harmon knew long ago that the fast back is faster and less drag. It's also way more comfortable for the rear seater and they can sit taller in the saddle. So, if I was building a RV4 right now, it would be a fast back.
You wanna burn less fuel over a distance? Slow down, lean out, fly high. Around 120 knots in a four seems to work well for L/D although best glide in mine was 100 knots. In 1959 Max Conrad flew a stock Comanche (IO-540) from Casablanca to LAX flying most of the way at L/D max. (58 hours, solo @115 Knots)
He emerged from the airplane at LAX in a tuxedo. Jon Johanssen on his RV-4 global jaunts also flew at lower speeds, around 140 knots TAS.
After all the drama was over, Jon set off for Bangor, Maine. The original plan had been to start the Atlantic crossing in St. John's, Newfoundland, but Jon had heard several stories about the expense and bureaucratic red tape of flying from there. He decided that his limited budget couldn't stand the gaff. Even though the trip to the Azores would be four hours from St. John's, he decided to leave from Bangor. Once again the weather gods smiled. After a short period of IFR, the skies cleared and he found he had a 10 knot tailwind. Careful records kept on this leg proved the efficiency of his airplane. True airspeed at 11,000' was 143 knots, running at 18" mp and 2200 rpm. Fuel burn was a miserly 22 liters/hour... about 5.6 US gallons. That works out to about 28 mpg. All in all the trip to the Azores was completely ordinary, if that is the word for a night Atlantic crossing in a single engined airplane.
http://en.wikipedia.org/wiki/Jon_Johanson
It works.
Smokey
http://soloflights.org/conrad_data_e.html