Ok, ignore what I wrote above, I've since done a lot of reading.

I've decided on the Easy Sport 40, it sounds like a decent plane, and sounds good for Floats.

Now I need to pick out a set of floats and the local hobby shop has 2 options:
H9 wood floats for $100
Great Planes fiberglass sport floats for $100

Since I have only a .40 engine, would it be a good idea to get the Wood ones? will they be less durable or are they fairly comparable products?

Thanks guys!