Kreg,
Where is that big one on the sponson ? Mine has one (not as bad) in roughly that area too. It starts right where the sponson blends into the raised area of the deck (at the back corner/point of the sunken area). I noticed on mine theres a bulkhead right under it, is that where your is ?
Did you check the inside walls of the sponsons ? Up front between the forks, below the rub rail, mine has lots of spider cracks there.