Hi BigEZ
Exactly the same thing happened to mine, about 400mm LE torn and about a 250mm blow out in the bladder. Mine was older though. I noticed the stitching on the LE start to look dodgy after 12months of relatively heavy use. I know it's a bit far away, but Moti Levi of Air Wake en Surf
www.wakensurf.com/ repaired mine. The leading edge between the middle three struts needs restitching, and he repaired the bladder as well. All is good now. From what I can tell this is a common problem.