I would agree that waves are good in moderation. Excessive waves would tell me there is compression on the end caps (filter too long) or the filter media is not up to the flow rate or requirements.Wavy pleats are not unique to cartridge filters. Also seen aplenty in canister filters as well.
As long as the waves are not extreme and don't induce splits in the media, there's no concern.
I've heard the arguments both ways ...
- waves are bad because the media isn't able to resist the spring force which seals the ends
- waves are OK because it proves that the ends caps are properly sealing (if there were no waves, it could indicate that the end caps are not sealed)
Pick your poison.