that wetline board is just a rebadged hyperlite gerry nunn pro model.. it maybe a bit old and past it but i wouldn't say crap. I reckon for the money that will have been paid for it you won't find a better board.. those free motions aren't bad beginner boards i'm told but i have never ridden one so don't hold me to it :P
On the boat topic, where are you boarding? sea or lake? if you are on the sea maybe you will have to compromise on wake and get a maxum or bayliner.. something with a deeper V that can handle some chop. if you are on a lake go right ahead and try to get hold of an oldish mastercraft or Nautique - it may be an idea to talk to 'ancient mariner' on this forum, I believed he paid about 5k for a mastercraft and loves it
Mike