Soaf:

I've sailed both and used to own a 14. Faced with the choice you present, I'd choose the 14. My 14 was fast but only with me sailing solo. The Wave will allow more passengers, but I found it slow (just my experience). I have sailed two Waves and they were both rentals and may have had water in the hulls or something but I didn't like them much. The 14 by yourself is a hoot. you have the whole fiberglass vs. plastic issue with the 14 and the Wave. I used to fly the 14 solo with the tramp almost vertical. Make sure the fiberglass is in good shape.

I now own a 16 and it is a lot more fun because it really scoots even with two people.

I think the Turbo has a jib. My 14 did not have a jib and I remember wishing it did. I'm not sure of any other differences.

Good luck!