Re: jack plate
To move the center of gravity back and give the motor more leverage to lift the bow. By moving the motor back the prop may run in cleaner water giving the prop better bite and run more efficiently. Raising the motor creates less drag this may result in an increase in RPM and Speed. Set up is everything, as others like Dhadley will tell you.
I put a jack plate on my boat this spring, the difference was like night and day (Better).
I hope this helps, if you give your current set up some of knowledgeable more knowledgble readers can give you some tips and possible expectations.