Dockrocker, We just went through the same thing! Formula or PQ. I've always had a love affair with the Formulas style and quality. Matter of fact we drove to Detroit to take a ride in a beautiful 242 (26 by todays standards) I have 3 small children and found the free-board lacking and overall performance a little disappointing. We ended up buying a PQ and really loved the boat. We sold it last fall to the 1st party that looked at it. I decided to start shopping for a Formula again and after the sticker shock ended up buying another PQ. If you look at the big picture the numbers are all relative! So you spend an extra $5,000 to $10, 000 on the Formula v.s the PQ. When you go to resale the spread is still there with pretty much an even exchange in the end. Lets face it most boats now days are of pretty equal quality build wise. Handling and looks are another story. I've noticed over the years that most boats have a bottom price range ,so if you do your home work and stay as close to that lower # as possible 2-4 years down the road the boat will be worth nearly the same $$$.