As Test Pilot says, you should get a GPS that logs to memory or an SD card.
After you get home you can download your track to a computer, and make pretty pictures like this one:
A GPS also allows you to tune your gear -- if you have nice steady winds then you can run the same course, find your max speed, go back to the top of the course and make an adjustment. Lather, rinse, repeat

A bike computer would be OK for mucking around with, but really it isn't a patch on a good GPS. I figure that my sailing time is immensely valuable to me, and the price of a GPS is chickenfeed compared to the amount of value I get from it.
I would highly recommend the GT-31 by Locosys:
http://www.kiteaction.com.au/vmchk/Accessories/Windmeters/Locosys-GT-31-GPS.htmlIf you're serious about measuring your speed, it can't be beaten. There is loads of software out there to help you analyse your tracks as well.
(Disclaimer: I run this website:
gpsteamchallenge.com.au - it gets very addictive!)