Just to be clear this is not a foil versus fin argument but a realistic look at all the different types of craft used to set a speed over a 500m distance. Essentially they are all mechanical systems that balance forces to achieve equilibrium which results in speed. How they achieve this equilibrium is what makes them interesting and holds the key to going fast.
Over on the Windsurfing33 forum in France they have just started up a similar discussion. Here's a few quotes that do give an insight into each of the the setups.
"The difference with the kite comes from the fact that they have no sail on the board.
In fact, from their symmetrical wing, there is no torque to have. The only forces transmitted to the Foil are those passing through the rider and therefore it can be concerned with transmitting the forces of the wing in the axis of the mast.
In the case of a board, it is more complex: on the one hand, the sail being attached to the deck, it tends to want to tip downwind which requires a couple of return to hold the sail. This recall torque is obtained by moving the sail off-center. With a small wave sail you can get it by keeping your feet in the center of the board and just stretching your arms. The distance between the axis of the sail and the center of mass of the man is already sufficient. With a larger sail, by also eccentricating the feet, this distance between the axis of the sail and the center of mass is increased, which makes it easier to hold the sail. However, even if the distance between axis and center of mass is small, the rider-sail assembly generates a lateral component which tends to capsize the Foil. The width therefore makes it possible to create a righting torque to counterbalance the lateral force.
So to conclude, the control of the sail requires a minimum of eccentricity in board and not in kite as the wing is symmetrical and that it therefore does not require a torque. The presence of a return torque on the board requires moving away from the sail laterally. The whole sail-rider, asks to capsize the Foil which is compensated by the distance to the Foil from the rider. And overall, the greater the distance to the sail, the more control you have over the sail, and the more control you have over the roll of the Foil.
In addition, the kite is in a 'more' virtuous circle which allows to put almost in opposition the foil and the kite (in windfoil when we tilt the sail we also tilt the board sideways ), which is close to perfect balance, hence the superior control of the kite compared to windsurfing. Besides, the V max in kites are of the order of 45nds (Nico Parlier, Th?o de Ramecourt etc ...), but especially with stuff made for banana courses (upwind and downhill), so if we put a kitefoiler with material developed for speed, I do not see any problem to exceed 50nds see more with the current configuration.
The only one to have achieved the perfect balance is the sail rocket, which puts its foil and its wing almost exactly in the same axis. In this case, it only accelerates the result: it passes the 60nds. Will one day the windfoil be as efficient as the kite? I do not know, but in the current configuration and geometries the kite has more advantages."
It's a pretty good summation of the way each system is balanced and the efficiency of each design. This diagram of sailrocket sums it up visually in a simplistic manner, of course there are force vectors in other directions involved. The question then becomes how do we modify the windfoil setup to better balance the force of the sail against the foil to go faster?