Cobalt is the best built boat if it's type. Rolls-Royce of sorts. I have a friend who has a 360. I have more hours driving it than him! It is a fantastic boat and was done right. With 420hp volvo BBCs in it it will almost crack 60 mph with a light load of fuel. It is no longer made, as Cobalt is moving up in sizes coming really really soon. Far superior boat to a Formula, in styling, amenities and comfort.