I think East Tc Skier answered your queries, but the lack of an hour meter is a bit weird. Shoud be on the tach as E.T.S. mentioned.
I bought my '97 PS 205 new and I have been extremely pleased with it. I have skied behind a lot of boats (older and newer) and found that this boat does it all pretty well. To include, slalom, barefoot, and wakeboarding. In other words, I haven't upgraded yet. Not sure what your inteded use is, but I will say that in my opinion, this is a great all around boat.