Mine has around a 14 or 16 inch blade, but I don't know the cfm because I got it used....it was a discarded cell tower/server piece from a buddy.
http://garagejournal.com/forum/attachment.php?attachmentid=136790&d=1316738912
If I could make suggestions:
-try to get one with a louver that opens and closes along with the fan, try to find one with a louver that really seals up nicely (though I'm not sure if anyone makes one quite that good, see below)
-whichever wall the exhaust fan is mounted in, put at least one good sized window at the opposite side of the shop so the fan can draw air through it, which will then give you flow through venitilation, and you'll be replacing the bad air with good air. (You can disregard that if you don't intend to seal the building up very well, but at that point will be relying on whatever leaks the ceiling and wall assemblies for the fresh air, kind of hard to control and a bad deal, but I've seen it done that way before).
Two things about mine that I'm going to change:
-The louver "closes" but does not really seal particularly well when closed. The wind can blow through it around the edges. I will probably make an insulated plug that pops into it at some point, for when I don't want it to be ventilated.
-although the insects haven't discovered the louver yet, I should really put a screen on the outside of it to discourage wasp nests and so on.