I don't know about the Wave kit, but Bob got the recipe right for the Hooter. I rigged my 14 with the same kit that Bob did and I have to say, it is a blast. Sabre Sails made them for him and I just ordered the 'kit' but with my own color scheme. I also requested a different material for the Hooter because I wanted something a little more sturdy than what Bob got. He is selling his sails, by the way.
I used a solid mast to take the extra load of the sail. I had an extra boom with a boom vang tang on it, so I used that to attach the sail to the mast. I also had to install another cleat near the base to cleat off the hooter. I went ahead and used the standard turbo set-up as far as the block placement, but I did add barber haulers to open the slot. Bob was concerned about the added pressure on the side bars, so he added the anchor plates like on a 16--I did the same and I think it works very well. For the pole, I used a 'skinny' windsurfer mast and cut it to about 10.5 feet. I did buy a square top main, but if I had stayed with the original pin head main and just added the Hooter, it would have run under $1000 for the sail and gear!