Boat Wax vs. Pledge

It's that time of year to bring out the cleaning supplies and prep our boats for the season ahead of us. I've searched the forum, but would like to hear some additional comments regarding boat wax vs pledge.
I have read the thread on PlanetNautique about the guy who used pledge starting day one and never waxed his boat. After 11 some years, the boats' gel coat looks like it just rolled off the line.
I waxed my trailer last night and washed the hull. After drying I used pledge on the back side of the boat to test and to my surprise it looked better than any wax job I've ever done in the past on my boat. Previously I've always waxed twice a year polishing first then topping it off with a teflon marine wax.
What is everyone's opinions on using pledge?