I share the same feelings on the Absolute.
I love the speed of the Transcend. For me, it snaps harder off the wake, because the speed helps me keep my timing on point. On big landings in the flats, the boards doesn't slow down as much, allowing you to keep your balance better.
Not sure about your size/weight, but I was also able to drop down a size and ride the 138. It's still faster than a 141 Lute....for me.