Damn right they do! Check out this multipurpose reef in Southern India, engineered by the mad engineers at ASR:
http://blog.asrltd.com/home/2010/4/27/indias-first-multi-purpose-reef-goes-off.html
Now playing in Newport Beach, this documentary chronicles Newport's carefree surf culture during the epic era of the mid 1950's through the 60's.
http://www.livingitforeverthemovie.com/. Old Guys Rule's own Don Craig stopped to interview for Fuel TV on his way into the premier.