Fiber floats also tried several other "innovations" that didn't quite work out. For example, they tried "spoilers" on the bottoms of the floats instead of water rudders. That was good for some things, but eventually, the pilot would land with one partially extended, and fail the hydraulic steering system. Bummer, bleed the hydraulics out in the bush assuming you got to shore with no steering.
Secondly, the early Fiber Floats had a suspension system, which turned out to be a VERY bad idea. In rough water, the suspension would start working till it hit the stops, and drove the longerons through the bottom of the airplane.
The floats were also a catamaran type hull, with a very hard chine. Step turns worked up to a point, then the chine dug in, and whamo.
I've heard rumors of Fiber Floats getting heavier, but I've never found anyone that could actually prove it.
I know of Aerocets that were weighed before and after a season in the water, with only a pound or two increase in weight. A metal float easily carries that much water in leakage that you can't pump out. By the way, that water seeps into seams and freezes, opening the seams over the years, so metal floats have some issues as well.
Frankly, the rumors of composite floats absorbing all sorts of water are mostly false, near as I can tell. If the glass were actually absorbing all that water, wouldn't it de-laminate very quickly? I've not seen signs of that.
I fly with a guy regularly who has an original set of Fiber Floats, modified to use standard water rudders and no suspension. They work just fine, and perform well.
That said, Crash, you are absolutely correct, that price would buy a good set of certificated floats that would have resale value as well.
MTV