Thank you all for your very nice comments and encouragement. I decided not to redo and began quilting it a few days ago. I'm actually glad I decided not to redo because one, I think the waves will quilt out for the most part and what doesn't quilt out will hopefully shrink up a bit in the wash. Two, I'm having issues with my new Bernina and the quilting at this point is less than perfect. I'm glad I didn't put all the extra work into redoing the borders only to end up with problem quilting. In the end it's going to be a decent quilt, but nothing spectacular. That's okay though, I accept that this was a huge learning experience and I'm glad I learned these lessons on a quilt for myself and not one that was intended as a gift. I'll get the kinks worked out of my machine with this quilt and be ready to go on my next one that is going to be a gift!
Thanks again everyone!