Mark- sorry I can't help, I wasn't sure which style you were going with. Let me know if you change your mind or if I can help you with any other needs.
As far as smoothing the transom goes just make sure you use something that can sand easily. Otherwise you'll be spending many back breaking hrs tryin' to get it flat. I'd think the #4130 compound sold by fiberglast would be the perfect solution as it's fiber reinforced for structural use. Something that sets up fairly fast is good too, to help reduce down time between sanding and re-application.
Anyways looking real good, I hope you can start getting those engines in soon, your moving along real well!
-Woe