Yes it is a fresh water sinking, and it was not recovered by the Insurance Carrier, back in 2007. The cost back then was prohibitive. We have been advised it could be very cost effective to do it now. That is natural light, fresh water with a camera on the ROV. The whole story behind the journey and sinking/MAYDAY and rescue along with the recovery could make a great mini series. A agent from the Discovery Channel has asked for more details. Catalina was very interested in why this 3 year old 470 went down.