I have a SES in excel layup I got in 2011; I believe it is the 2nd gen SES. I have over 800 hrs on it, all in the ocean. I have had no problems with it - no leaks, no cracks, nada. Relative to other skis, its construction has always seemed very robust to me. The leash attachment point is very strong.
I did have to do a minor repair the of the gelcoat on the bow, but that was from me whacking it into my garage, so, don't do that.
It's great secondary stability makes it my "storm boat", i.e., I often use it after a coastal storm in my area when I have rough seas with storm induced ocean swells that are on my rear quarter or beam from my travel direction with the wind waves. I find it as easy as any in its class to remount, perhaps a bit easier because it can lean all the way to the gunwale and still not go over.
Early on I replaced the dyneema rudder line with Q-power spectra, as I do on all my skis - but that is a matter of preference. I also changed the rudder to a 9" elliptical, which I consider best for control in high winds and big wave conditions.
Its shortcomings:
- takes longer than others to drain, the hole probably could have be placed better and have been bigger - but it is only really an issue of you get a wave falling into the cockpit. Add a bullet - it helps some.
- the cockpit has too much space, so it holds more water. A workaround for this is to strategically attach blocks of foam in various locations to displace some of that water. I calculate I have been able to displace 1.25+ gal of water using the foam.
So, I like it - no regrets.