This review is based on sailing mushy waves and light winds on the East coast of Florida. I weigh 85 kgs and have size 11 feet. My most used sail is a 7.5 followed by a 6.7, and occasionally a 6.1. The predominant wind direction is cross onshore to straight onshore. Cross shore is rare, and cross off is rarer still and anyway unrideable due to large condo buildings along the beach blocking the wind. Waves are usually in the waist high range, but a few times a year can get up to overhead size. (yes, your first question should be why the @#$% do I live in Florida)
I really enjoyed the Fanatic Freewave with a 6.7 and 6.1. I run the Fanatic with a 21 cm MFC thruster center fin and 12 cm K4 side fins. The Fanatic turns well for a FSW board. It can bottom turn off either the front or the back foot and can either carve a clean top turn or bounce off the white water. Neither the bottom turn nor top turn are anywhere close to as radical as my Goya Quad 118 L. The Fanatic is simply not capable of the quick redirects or the sharp gouging turns that a pure wave board is capable of. But the Freewave is just so much easier and more comfortable to sail that unless the wind is perfect cross shore and the waves are head high, I'd rather sail the Freewave. Overall, for 99% of the time wave sailing in Florida the Fanatic Freewave is a better choice than a wave board.
I've had the Kode 125 L for 3 months now, and during that time it has quickly become my favorite board. Prior to purchasing the Kode 125 I did not enjoy using my 7.5 as it overwhelmed the Fanatic Freewave 115. The Kode 125 carries my 7.5 with ease and makes bobbing out during light winds stress-free (if I remember to put an uphaul in the car). There is something so exhilarating about bobbing out when no one else can get out, then having fantastic swooping bottom and top turns on the way in. The board feels so comfortable wave riding that even on overhead waves in barely any wind I still aiming to hit the lip rather than just doing a carving turn in the safe zone of the shoulder.
In less than 18 knots it is by far the best board I have used for keeping its speed on the bottom turn going DTL in onshore conditions and being able to stay clew first for long periods of time if the intended section of the wave doesn't jack up and I need to carry on down the line for longer than intended. And because it carries speed so well, the onshore top turn is more satisfying than any other board (the next closest is the original Quatro Mini Thruster, but that board needs at least enough wind for a 6.1, while the Kode is equally at home with a 7.5). The Kode 125 L handles 6.1 winds in onshore and cross onshore conditions remarkable well but starts to feel too big at that same wind strength if the wind is cross shore. I have too much power in the sail on the bottom turn and can't sink the rail enough for a nice bottom turn.
When the wind is cross shore and there is enough wind for a 6.7 I am equally happy with either the Fanatic Freewave 115 L or the Kode 125 L. But if the wind is cross off (only sailed the Kode in cross off twice) then the Freewave is a better choice (but the Goya Quad is obviously an even better choice for cross off).
There is no doubt that the Kode 125 is a big board for my weight, but with use of mast foot pressure in cross shore conditions (knees bent, leaning forward, back hand as far down the boom as possible, keeping the mast tip pointed down the line and not pointed back at the wave), it can bottom turn extremely well for such a big board.
There are some things I hope Starboard changes for next year, but overall, I think they have a winner on their hands.
1) lighter weight (wood construction is heavy - not noticeable when sailing unless jumping, but very noticeable when carrying to the water)
2) move the powerbox center fin further forward (e.g. the Fanatic rear strap is right on top of the powerbox while the Starboard powerbox is 4 cm further away from the rear strap than the Fanatic). To compensate I bought a powerbox adapter and cut up a US box fin to fit right at the front of the adapter, moving it forward by about 2 cm compared to the fin delivered with the board. That made a noticable difference, but I think another 1 cm further forward compared to my Frankenfin would be even better, or
3) offer it with a US box for those of us that will never use it with a single fin (cuts down it's market appeal so will never happen)
4)better quality paint or maybe a sanded finish similar to what Quatro does. The paint on my board is already flaking after only 3 months of use.