Justin:
I just got into wakeboarding this year. I had rode once or twice before, but I bought I 2002 Rhythm (i don't think there is much difference from the 03 model) and I think it is a great board to learn on. It is slow as Kristian said, but that isn't a bad thing for a starter. It is VERY stable. What kind of bindings are you looking at? I bought LF speed suctions. They are good for beginners too if you are going to be sharing your board. My wife and I use the same board and those bindings fit the both of us very well. They are extremely adjustable, and I haven't had much of a problem of coming out of them either. In fact my biggest problem is I get them too tight some times. Good luck on your purchase. Check out
http://www.caribecatalog.com/store/store.php That is where I got mine at and got a really good deal on it.
PS. I have a 141 and am 5'11" and 160lbs and I don't think I would want it any smaller.