I don't have a problem with a wave, I've been thinking of getting one, I just don't think it's the answer to all cat racing. Not even close. It's like saying the Prius is the answer to car racing.
Actually, the Wave is a POS compared to what I would call "real" catamarans. I would rank in the Yugo category if you compare Cats to cars.
However, even Yugos would be fun to race if everyone had one. Some of the most successful racing series (cars) are for spec cars...like Spec Miata.
However, even a Yugo would be no fun at all if it had shitty tires, worn out shocks, badly tuned engine and such.
If you let guys tune them up, adjust a few things and get decent rubber, then bring it on.
The Wave is the same way. Decent sail, rudders that aren't both warped in the same direction (lee helm on one tack/weather helm on the other) etc.
We are only asking to be able to fix some of the flaws that don't present themselves in a rental environment.