OK - so the nut isn't torqued up like on a Mercruiser outdrive leg - but it should be tight enough that the prop doesn't move, shouldn't it?
I've been looking at a unit with a replacement prop - when I looked at it there was 2-3mm of prop movement up and down the shaft, and the nut wasn't tight at all, just held in place by the split pin. Was told that it was "OK - they're all like that".
Not happy with that answer...