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I think ours has been in place for 15 years. Some sections of the mainline have been replaced periodically. This is the second one that has been installed. The original was ripped out by a pontoon boat that decided to throw its anchor in the middle of it on a very windy day, and an I/O went through it and got the mainline tangled in its prop. For a few years we took the whole thing out, pipes and all. It took 10 people and half a day to do the job. Now we submerge it. I can submerge it by myself in about an hour , and it takes me two and a half hours to bring it up by myself. I am able to do everything from my canoe. I would love to hook up one of those systems where you can surface and submerge it with and air compressor, but we would need a 1/8  mile of hose just to reach the course. Just got done making 28 new buoy lines. My next project is to attach them to the buoys that are piled up in my boat garage.
There is the old school option - cinderblocks, bungee (or innertubes) and buoys (or clorox bottles).
My course is rebar surveyed in when dry. Bungees hold down the watered down buoys. It is very accurate and does not move.
The rebar does rot away after a few years. Dig down a bit and I can find fresh steel to hook the bungee. In the old lake, I put a cinderblock on the totally rotted rebar. That has been working for several years.
San Diego uses fixed anchors on the bottom. They have a pulley and weight system that handles the tidal swings quite well. Subfloats stay in place quite well even when the Wallys chop up the buoys. San Diego Mission Bay Boat and Ski Club has the details (I didn't do the design - I've just skied the results).
Eric
I am in the Atlanta Waterski club and we use a few different types of courses. Our Primary course is on Lake Allatoona, here in Atlanta, Ga. We get an insane amount of boat traffic, however our course is very reselient. It's been there longer than I have been a member ( 11 or 12 years). Plus you can go to our website (www.awsc.net) to see how we maintain our buoys. Since the Army Corps of Engineer's manages the lake so wonderfully..... our course is dry 3 months out of the year. So the course has been survey'ed in, and all the buoy's have the large galvanized screw anchors. Then we have a rope tied from screw anchor to screw anchor so you can find the course if the public tear's it up to bad(they usually do, morons). We use crap trap sub-buoy's, then the brick counter weight system with plastic clips. This system works so well we have incorporated it in many of the private sites around Atlanta. This course is in usually 6 to 15 feet of water, depending on whatever they crazy corps does to us.... We use a slip system on the crab traps, and long brick ropes, so we can easily handle what the corps throw's at us. They can drop the lake a foot a day, so the swings can be amazing to deal with.
We also do the floating course deal at two other sites. Nothing good to say about a floating course. Period! We have to use one on a bigger lake, and when the wind blow's, what a pain. We have put in so many counter anchors for every type of wind direction that when the public tear's part's of this course out, we have to sink new counters. It's a real pain in the but. This course is in 2 to 10 feet of water.
Our Winter course is another floating course, but no counter weights to help with the wind. So we stretch it as tight as possible.
Good Luck,
Ken
GA, we have been using a submersible course in water that is some distance from shore and fairly deep. I use a hook on a line to retrieve a 70 length of the air line that is weighted to sink. Just have to remember about where it is and have a small compressor and tank in the boat. It can be made to work and sure beats daily repairs and liability of leaving it floating. I have 22 very lightly used WallySinker bouys and all the hoses/fittings for a second submersible course for sale ($500?) if anyone is interested.
The best method we've found for keeping tension on a floating course - where there aren't big swings in water level - is a bungee system I came up with many years ago. Wind, ball deflection (due to skier crash), etc. are all quickly corrected by the constant elastic nature of this set up:
TW