Boat is out already, damages to the keel, the port sides and the loss of the rudder made it uneconomical (more like unrealistic) to repair, man ! made me cry like a baby when I saw her coming out all banged up. the cause of foundering is as usual a variety of little events coming together a the same moment. we were confronted with two choice, 1rst was a large commercial shipping channel all clogged up with a laker coming out and a barge with two tug coming in, bad place to be you end up being a nuissance to those guy's more than anything else, 2nd choice a narrow channel on the west side which happen also to be closer to us (after 10 hours sailing the proximity does influence your judgment), we go for it start the outboard, lower the sails, proceed under power then this is where all hell broke loose, we got swamped by the stern and the motor flooded (wave where +/- 6 feet and wind in the high 20's knots), no time and no space to trow the anchor, no time to restart the engine (it did but I didn't even had a chance to put it into gear), the wind caught us and pushed us in the rocks, the waves made sure the boat would take a beating, coast guard came and pulled us out to open water but we connected with a boulder under tow and that rip the side wide open from then on we had 45 seconds (that when I pulled my stupid irrationnal stunt) and all that was left was 2 feet of mast above water. The worst is I want to get another boat pronto, but my wife has put her common senses foot down, there was a thread quite a while ago about boys versus girls and how we react to underwater photography, guys are known for the bigger toys syndrome, i'll vouch for that anytime 