Re: 2 stage prop?
That is a Volvo DuoProp drive. The props turn opposite of each other. Merc has a version as well but their props are the same size.
Actually it is very likely that the drive he saw was a Mercruiser Bravo 3. Most likely not a Volvo Penta Duoprop, since Sea Ray and Mercruiser are both owned by Brunswick, and it's very hard to get a VP in one!
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(But it is possible) And while to the untrained eye, Mercruiser's props appear to be the same size, they are not. The rear prop is 1" in diameter smaller. Yes, I know the VP DuoProp's rear prop is much smaller than the forward, and it's obvious when looking at them.
It not a two stage prop. It's a counter rotating prop system. And it's old technology (I know of a WWII torpedo in a park in Henry, IL that has it!) that works.
Pros and cons have been discussed many many many times on here. Just search for "Single prop versus dual prop outdrive."