The pilot reported that, during a max performance takeoff, he set the flaps to 10° and accelerated to 60 mph. He pulled back and pitched the airplane for Vx (best angle climb), 52 mph, to simulate an obstacle, then pitched for Vy (best rate climb), 72 mph, where he observed a rate of descent. He pitched back to gain altitude, but immediately heard the stall warning horn and felt a lack of responsiveness in the flight controls. He leveled the airplane to touch down on the remaining runway, but the right wing and right horizontal stabilizer impacted the runway. The airplane sustained substantial damage to the right wing and right horizontal stabilizer. The pilot reported that the cause of the accident was that the published Vx airspeed is below the stall speed. The pilot reported that there were no preaccident mechanical failures or malfunctions with the airplane that would have precluded normal operation, but that it was possible that the engine was not performing at optimal performance. The airplane owner's manual checklist titled "Maximum Performance Take-Off" states: 1. Wing Flaps – Up. 2. Carburetor Heat – Cold. 3. Brakes – Hold. 4. Throttle – Full "OPEN". 5. Brakes – Release. 6. Elevator Control – Slightly tail low. 7. Climb Speed – 52 MPH (with obstacles head). The manual also states: "Normal and obstacle clearance take-offs are performed with flaps up. The use of 10° flaps will shorten the ground run approximately 10%, but this advantage is lost in the climb to a 50-foot obstacle. Therefore the use of 10° flap is reserved for minimum ground runs or for take-off from soft or rough fields with no obstacles ahead." The manual also states that the stall speed, with 0° angle of bank, is as follows: Flaps Up – 55 mph Flaps 20° - 49 mph Flaps 40° - 48 mph