yeah cwb sucks
get either a gator, hyperlite, or liquid force. everything else is garbage shit. hyperlite's previous owners just started a new company, it's supposed to be REALLY sick shit, but it's not coming out until 2007. you don't have to get like a premier or anything, just get like mid-line stuff since you're starting out. but don't skimp because then you'll ride shit and won't get the real feel for wakeboarding with the good stuff.
i would recommend:
liquid force team board (130 'cause you're short)
liquid force either fusion or element, both mid-level binders.
and i think since you're 5'2, 130 would be a pretty good size for you. think about it, parks is like 5'7, and he does a 143, and he's like the fastest spinner out there. i'm 5'10, and i ride a 137. if you want any more info or whatever, just send a message over.