I just stuck the go pro to my helmet when I used one at last years IWC JP Caravan of awesomeness weeekend.
If you have a stand up, use the bar mount kit.
The main issue I can see from running the camera on the ski is you're not going to get a clear picture because of the spray, time spent with teh nose buried in a wave etc...
The only other place could work is backwards off the grab handle looking back at the person that just fell off.