Hi Steve,
The answer to your question depends on 1) how you deploy WAAS and 2) how you use IP SLA. If you deploy WAAS using WCCP for interception, UDP traffic will never be intercepted. If the WAAS device is deployed inline, all traffic flows through the WAAS device, so an IP SLA probe using UDP will be subject to WAAS pass-through handling behavior.
What are you trying to measure with regards to WAAS?
Zach