With some trepidation....
(How does one argue with an expert?)First, I can't recall seeing a "displacment" figure for a boat that was stated in cubic feet or cubic meters. They are all stated in lbs or kgs.A boat is made of stuff. Let's say the stuff weights 10,000 lbs. (Let's also assume that the stuff is more dense than water.) If you configure that stuff as a solid cubic blob and put it in the water, it will sink straight to the bottom of the ocean. It's waterline is, well.... not meaningful. This blob is displacing an amount of water that's equal to it's volume. Since it is MORE dense than water, then, obviously the weight of the water it is displacing is LESS than its own weight. Thus, displacement does NOT equal weight in this case.Now, let's take that same 10,000 lbs of stuff and configure it as a hollow box. (Somewhat like a boat, eh?) The resultant shape has a specific volume. The density of the object -- AS A WHOLE -- is the weight/volume (actually it's mass/volume, but for this exercise it doesn't matter). If the density of the whole thing is LESS than that of water, it will float. It will settle into the water up to a certain level and it will have a distinct water line. Where will that water line be??? It will be at the point on the object where the weight of the object equals the weight of the water that is being displaced by the volume of the object below the water line.In other words, the weight of the boat DOES equal the weight water being displaced!!! (As long as the object as a whole is less dense than water.)A boat floating in salt water will displace a larger volume of water (and have a higher water line) because the salt water is less dense. The weight of the water displaced will still be the same! (For that 10,000 lb "boat", it'll be 156 cubic feet of fresh water, vs. 162 cubic feet of salt water.)If you float the boat in a pool of liquid mercury, the water line will be VERY low.... yet it will STILL displace the same WEIGHT of liquid. It's just that the liquid is more dense. (Mercury weights about 845 lbs per cubic foot, so your 10,000 boat will only displace about 11.8 cubic feet of mercury.)Another example: If you put 20 of your best friends and 10 cases of beer on your boat, it will sink farther into the water. Why? Because you are increasing it's density. (Beer and friends weigh more than the air they displaced.) It is now displacing more water. How much more? Simply add the weight of the boat the weight of your friends the weight of the beer. This will hold true until you add so much that the density of the boat is greater than the density of water... and the boat sinks.(A nit: If you fill the boat with helium, you will decrease it's overall density... and it will float higher in the water... and displace less water. Yet the weight of the material that makes up the BOAT remained the same! So JC's right, right? Well... the TOTAL weight of the boat needs to account for the weight of air in the boat too! (The problem with this little bit of complexity is that the ocean