I have stumbled on a 1998 Wave in good condition. It has some weathering but the sail and tramp in quite good conditon with little use and stored or protected well. This will be for rec sailing, not racing (yet).

What should I be looking out for in terms of major problems in boat of this vintage? Do first generation Waves have any history of rudder/casting failures or design changes? Any cracking or beam failures? Any upgrades I should perform immediately? Can I use H14, H16, or H20 blades? I have extras of each of those.

There is no trailer but I found a trashed H14 on a good trailer for $450. I'll part out that boat and save the trailer for the Wave. I should break even on that deal.

$500 for the Wave. Quite a deal, no? The only problem is it is on davits and must be sailed away tomorrow, no later. It's only a few miles to a haul-out but even in Florida the weather is c-o-l-d and there's absolutely NO wind. It will be interesting.