I just compared both VH and M grade foams from leftovers I had in the shed from
the almost handful of boards I have made and I gotta tell ya the ball size and density
is almost identical.
I also just did 2 little tests with some 12" x 1" off cuts.
I attached a bag with a piece of string and hook to the foam and kept adding bolts
to the bag until the foam broke. The M grade actually took 11 more bolts (almost 1kg)
than the VH grade.
I then dropped my sledgy from 1.7m high onto both foams 5 times each. The M grade
was left with deeper dints initially but after 10 minutes both had rebounded to
almost flat again.
So from this high tech experiment I guess you could say M is less likely to break but
is more prone to dints. I'm assuming the reason M didn't break first was the lower
dinsity meant it could flex more before snapping. And the reason it dinted easier
was again the lower density. So thats one point for each grade.
All that crap aside, my first board was M grade, went well, was light and got creased.
The second board was VH, went well, was light and got creased. I don't think it will
make much difference which foam you go for, it will come down to glassing. Goodluck!