I have a 5m Ezzy (07 Wave SE) and rigged it on a 430, then I bought a 400 and rigged it on that.
To be honest I couldn't feel a heck of a lot of difference, apart from having 30cm less mast to throw around when gybing, and not having a bit of headstrap flapping around. The sail still feels SCHWEEEEET on either mast, maybe a bit lighter on the 400

That said I now only rig it on the 400, because it's the 'better' thing to do. But I wouldn't call it $650 worth of better than the 430.