The Boost LV is a lower volume version of the Boost. I believe the deck has been lowered on the LV but I think the hull is the same as the standard Boost. The LV has a smaller cockpit which obviously fits smaller bums better and holds less water in the event of fooding.
The X label is a commemoration of Carbonology Sport's 10th year of making surf skis. It also signifies some improvements to their existing designs some of which were mentioned by natana. In the case of the Boost & Boost LV (now called the Boost X and Boost LV X) I believe the rudder has been moved a bit further forward which should improve their already very good downwind performance.
Current boats
Epic V10L Ultra, Epic V9 Ultra, Carbonology Sport Boost X LV, Fenn Bluefin, Nelo 510, Fenn XT double, Nelo 600, Expedition Kayaks Azure, Mirage 732.
Previous boats
Spirit PRS, Fenn Swordfish, Fenn XT, Fenn Swordfish S, Think Zen, Epic V10L Club, Carbonology Sport Boost LV