I tend to wave all of the time, IF I notice the vette coming towards me. Sometimes I don't until it has just about passed me in oncoming traffic. And then certainly the other driver never saw the wave as it would only be visible through the windshield. My side glass is very heavily tinted.
Heck, I even have guys in pickup trucks waving to me around here! I guess a lot of people want to have a Corvette, and even if they don't have one now, they still like to show a bit of respect.
But I guess my advice would be to NOT wait for the other guy or gal to wave first. It's not the "gettin'" but the "givin'" that counts the most.
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