Our Johnny Walker swilling W4 skipper sends us this dispatch from the high seas:

Forbes recently reported that one of the most ridiculous yachts currently in existence is the $100 million Annaliesse, others talk about Larry Ellison'sThe Rising Sun at 452 feet. Not even close. The most obscene boat is The Platinum, owned by the Crown Prince of Dubai. It's 525 feet features: helipads, an aircraft hangar, garages for SUV's, squash courts, a swimming pool, a health spa, and housing for its own mini submarine. The interiors are almost finished being outfitted by Philipe Starck and then this baby will be ready to roll. The cost: over $300 million. Once again, Dubai does it bigger. Does the Prius mark the decline of American society?
+2006 Newport-Bermuda Centennial Race.
+32nd America's Cup.
+Water Trampolines.