Any physicists here?
My physics is very poor, but if I remember correctly thrust is a function of velocity and mass of the ejected material. So if you are constrained by the velocity, which is defined by a maximum PSI (subject to the size of the nozzle), could you improve matters by increasing the mass of your propellant, i.e. by dissolving a shit load of salt or sugar in it?
supersaturated solutions can be made easily by heating the right salt or water soluble compound in water. I think you can increase the density of a salt solution over pure water by almost 20%, which may (?) give you more thrust. But would the extra weight negate this effect, that's why I need a physicist to chip in.
The salt solution may not be as slippery as regular water, add some detergent (only a touch)?
Maybe worth experimenting?
Some other info here:
http://en.wikipedia.org/wiki/Water_rocket
Please post video of best launch
Please let me demonstrate the ride around; really it's no trouble.