Spec skis are not made for flatwater speed. They are surfskis, so they are fast, relative to plastic kayaks, maybe even some sea kayaks, but not as fast as ocean skis, such as stellar SR. Spec skis are THE BEST for surfing ocean swells somewhat near the beach. I hesitate to say “waves” because any craft will get damaged in large steep waves crashing into the shallow sand near the beach. I’m talking about waves/swells in ~5 feet or more depth. Spec skis are the way to go for this.
I have the Fenn Tarpon S, deep seat, adjustable foot plates, which is more stable than the LS. if I am surfing for fun, vs SLSA competitions, the added stability is very welcome since surfing, by nature, involves rough conditions. My spec ski is stable, probably between XT and bluefin, or between v8 pro and v8, and guessing between stellar SR and S18S. The LS should be about one grade up (less stable).
So, I would say LS may be somewhat less stable than SR and XT and should be comparable speed on flats to bluefin and S18S. if you are able to have two boats, use SR on flats and Tarpon S or LS on incoming swells (avoid shallow water breaks!).
KR McGregor Rhythm, V10Sport, Swordfish S, Fenn Tarpon S, Fenn XT, Twogood Chalupski, Findeisen Stinger spec. Had: V12, Stellar SE, Huki S1-X, Burton wedge2, Fenn Tarpon