I used to be a die hard round tube fan but the Trout Unlimited Togiak changed my mind. It is the best tube I have found so far. It sits up higher than most round tubes but not too high (There are a few out there now that sit very high - I haven't tried them but they just look a bit too unstable for the ocean - flat water they're probably great). The Togiak sells for around $160 but occasionally you can find them cheaper on sale. I got mine for just over $100 at Sportmart last year.

I use both waders and a wetsuit (not at the same time!). They both have their advantages and disadvantages. I like using the wetsuit better but one of it's disadvantages is warmth. When it's cold (winter, early spring) it doesn't keep me as warm as the waders. I have a Body Glove 3-2 suit and I like having the arms. I used to have a Farmer John and this one is much better. Something else that helps in the cold is some kind of water resistant windbreaker. I use the jacket from my Frog Toggs. Keeping the wind off makes a huge difference.

The wetsuit is also nice because you don't have to worry about water getting down inside when you are launching. In fact, recently I've been laying on my tube like a boogie board when I kick out - much faster and less likely to be flipped.

The advantage of waders is warmth and dryness. It's nice to come home and be perfectly dry. The biggest disadvantage with waders is that no matter what you do they always tend to develop leaks eventually. It's usually in the crotch area or the feet and they are a pain to repair and most of the time it doesn't work that great.

Hope to see you out there!