Hi Pat....
If it was my Transmitter would leave it at 7R .....
With your Power Supply levels you should achieve a comfortable power level of around 200 Watt carrier and fully modulate it....
Just a question .... is your 125 volt power supply variable and is it regulated ?
Wondering how you will tune up or check SWR and those things which are normally done at lower safe levels ....
Build your TX first before the Modulator so you know what the loading is and then you can design your PWM LPF accordingly etc:
It will end up a being a good AM Transmitter....
Wayne