That's kind of the answer I was after, FeverMike, so thanks. But I'm really interested in specifics. When you say "hull technology," what exactly does that mean? Step height, placement and venting? Strake geometry? Deck aerodynamics? All of the above and more?
My theory, and I make no claim that it is inarguable, is that the biggest change here is horsepower that doesn't blow up after one hard run. The engines available now simply weren't available back in the day. Remember when 700 hp was major? Now it's right in the middle of the Mercury Racing line.
So I tend to agree with T2X, not so much about the "hype" factor but that power has more to do with the big speeds and "efficiency" we're seeing in today's V-bottoms.
As for the statement that only Fountain excels at proper R & D, I'm sure there are plenty of other V-bottom and catamaran builders that would take issue with that.
Again, thanks for the information. I do appreciate your perspective.