Moving the motor up or down will not likely have a big affect on speed. The only thing changing would be the amount of drag on the motor shaft. Less in the water, less drag.
Bigger trollers usually do not offer more speed, unless the original was undersized to begin with (which I don't believe is the case on your setup). You might gain a little, but probably not enough to bother with. Even the biggest baddest troller made would probably only do 4-5mph on your rig. They're made for thrust/torque, not speed. Need a gas motor for that.