I was much more lazy/cheap than the rest of you...
Grabbed a box of stainless staples, staple gun, large flat screwdriver, and plyers, dewalt cordless drill, and a 7 foot pressure treated board (14.5 foot boats use 7 feet, not 8).
Went to the boat launch, beached the boat, pulled the old staples and carpet and installed the old carpet on the new board. Still works great, no rips/tears, and already had the right cutouts for the brackets (used the old brackets too).
Took me 'bout 25 minutes total.
This year I may do the same for bunk #2... it isn't broken in half like #1, but sags more than the new board