I think we are at crossed purposes Colin. I wasn’t actually intending making any comparison, all I was saying is that when any hull moves through water, of any size or shape, any amount of displaced water detracts from it’s efficiency. I know that is a wide and all encompassing thing to say but, as a very general rule, it is true.
I was saying nothing more complex than any displaced water is a waste of energy, whether that is a bow wave, a wake, a wave at the stern, foaming or rooster tails etc.. They are all examples of wasted energy, which detract from the hull’s efficiency.
What makes me smile is things like jet skis, flying around making unbelievable amounts of spray, wash and rooster tails as they try to impress everyone. All I see is monumental amounts of wasted energy!