My cousin, who's a tournament quality slalom skier, became enamored with the wake of the ski centurion falcon when he got a pull behind one at our annual family lake trip. Ultimately, he decided to buy one, but in the early to mid-90s none were to be found in the east. My cousin lives in Northeast TN, practically in the back yard of of Mastercraft and Centurion, is/was a California company.
I wouldn't exactly call the Ski Centurion Falcon an "entry level" ski boat. It was designed to go head to head with MC, Nautique and Malibu. To say that the early boats didn't have the build quality of a MC or SN is defiantly a fair statement.
The chart on the bottom right of your boat is used to confirm speed with a stop watch. During a tournament, the official would sit to the left of the driver and use a stop watch to time the travel through the slalom course. That way they could declare that the pull was legal from a speed perspective. Back when your boat was built there were probably 5 - 6 boats that were certified by the AWSA to be tournament tow boats. Typically, each company would sponsor an event and that brand of boat would be used. It was a marketing thing.
To this day, the Centurion Carbon is an AWSA certified tow boat for 3-event tournaments. Like MC and SN, Centurion has gone off in to the world of wake surfing and tournament ski boats are just a small niche portion of their model line. Centurion must be doing something right though since Correct Craft just purchased them last year.
http://www.nautique.com/press/centurion-boats-and-supreme-boats-join-the-correct-craft-family
Here's a bit on the history:
http://builder.centurionboats.com/history/
Do you still have the boat pictured in this old thread?