Mine was a one piece not the 2 piece. The thrust washed on my motor was a Mercury thrust washer, since I ran it on my Pro XS.
Here are a couple of pics:
This one was posted by Bushwacker, which shows how far it sat out with both washers :
Bushwachers prop.jpg That's the way mine sat with both washers. No way for that to work.
This was posted by Randy T:
Thrust washer Randy T.jpg
mine looked like this with both washers. So I only used the thrust washer that came with the hub kit. Seems that the hub kit I used can be used with the one piece or 2 piece, whichever works, I guess. I also used the flat washer next to the castle nut. Torqued to 55 ft lbs. The 2 piece used a hub bushing also. With the hub bushing ( at the back of the prop) are torqued at 100 ft. lbs.
Also McQuaig, my thrust washer with the kit ( bronze color) doesn't have a number on it or in the instructions with the kit. And my kit did not have that hub bushing as yours did. Can't explain that one. Looking at the Flo-Torq III kit, it appears to be the same except the for the drive sleeve. I can also see where the rubber bushing may help with the chatter.
Hope this helps explain my situation & doesn't muddy the water any more , no pun intended.