I have been riding my Nalu 10'6.5 for a month or so now and it is awesome!!!
Would highly recommend it to someone who is comming off a Mal. It rides and surfs like a mal and is really stable.
Was down at Byron last week and was surfing 4ft waves off the beach at Suffolk and it went really well. Was easy to get on the waves and once on it rode great.
I am still getting use to changing your feet position to get set for the wave but I'm sure this will come with more practice.
My only gripe is that I wish I had of bought the Wood version but I'm not sure if it would make all that much difference.
There were a couple of board riders out with me and I would have caught at least double what they were catching.