Matt,
I don't see any name-calling in Rick's post. <img src="http://www.catsailor.com/forums/images/graemlins/confused.gif" alt="" />

Also, I don't think you can say it is not appropriate to discuss the Wave in the Formula 12 Class forum. The parameters of such a class are not yet established, and they may very well include the Wave -- along with a host of other existing boats.

Used Waves can be found for $1,800 to $2,500. If beach wheels don't come with it, that is a major additional expense.

A headsail like a spinnaker or a hooter would not be included as a comparable factor, since none of the other suggested youth boats have included that, either, in price estimates.

Plus, you don't have the investment of all those hours of boat-building (for those who even are capable of doing that or willing to do that).

A major advantage of the Wave is that it is a boat the whole family can use together, as well as being manageable by even the very young kids in suitable wind situations.

The classic Wave can be car-topped or carried in the back of a pickup because it is easily assembled and disassembled. A tiny woman can raise the mast herself. Two 50-pound children can right the boat themselves. The boat is durable enough to survive generations of kids running into docks. It normally doesn't do damage if it runs into an anchored boat.

No question that it is almost the perfect boat for children. Plus it can be upgraded with more sailpower as the kids get older.
I'm sure everybody knows all this.

HOWEVER, that is not what most people are talking about in terms of the "Formula 12." I believe we are talking about a boat that is home-buildable and is small enough and light enough to be easily car-topped intact or taken to the beach on top of the family's larger cat and can be carried from car to beach by the kids.