Mike, Mike, Mike... you gotta start thinking outside the box. Dont worry, 3 years ago, I would have agreed with you. On a boat, your with only 3 or 4 riders. Kiteboarding can be like a street skating session. It can be by yourself, or 10 of your friends all riding and watching each other simultaniously. You see the guy in front of you nail a sick trick, and you come behind him and try to do it or beat it! Why be limited to who can fit on a boat, and why wait around? you dont see a bunch of skaters walking behind one guy riding, watching him. They are watching, but they are also skating themselves.
Versatility? Wakeskaters are killing it on the kite! Remember, you can kite in 3 inches of water, so it is literally like skating! And surfing, SURFING!! On a kite you can do it on an actual beach with an actual wave and really surf.
Think about how many blondes you can fit on a boat. Then think about how many you can fit on a beach. Then think about if most like being on a boat or on a beach. (the word "beach" can be replaced with lake park, etc)
Sliders and kickers are going off in kiteboarding. Just to directly to this media page
http://www.dereck.com/dckiteboards/photoalbum.htm and follow the link to Antigua March 2005. Vid is about a trip, not really about riding, but there is some riding footage and some kicker footage at the end.
here is a link with some pics of sliders as well.
http://www.realkiteboarding.com/index.cfm?page=newsitem&id=608 Kiteboarding goes off just as much or more than wakeboarding. the only thing different is the $50k boat, the $400 insurance, the maint cost, and $70 in gas. You would be suprised at how many pro wakeboarders are taking it to the next level and tinkering with the kite.
Kiteboarding is still in its infancy. Some of us remember what wakeboarding was like when it was small and young, and every rider was adding something to it. That is how kiteboarding is now.