I love my 2007 48 foot Selene. It seems from what I have gleaned from research that the pre-2005 builds had issues that Jet Tern was slow to accept responsibility for but that were not really major (as in structural). More of warranty complaints. For example, I have a handful of blisters on my 4 year old boat. Had I had them when it was new as some others did, I would have wanted them corrected.
Have you joined the owners site as a guest? Lot of honest information there.
Dave