I think you can be in the surf untll 10am and then after that you need to be 100 yards off the beach, maybe a wavejunkie can add some more info. You can try to PM one of the wavejunkies or post a thread at wavejunkies.com.
I think the boat lauch is not far, I went to VB this past spring and did some riding with the guys and it was not bad. It only took 5 min or so to get out. We are just going to get in an early monday morn ride before we head home. Sorry I cant help more. Paul