A source, (reliable and unbiased, honestly!), sent us photographs of what really happened. The pictures do not lie.
Photographic Evidence 1, otherwise known as "The Happy, Pretty-Dry Times":

Please notice how the beloved Dragon Boat is just moving right along there - it's the sun, the sea, the sky and the Dragon Boat.
Photographic Evidence 2, referred to now as "What is that? The First Signs of Trouble? Is that Frantic Paddling and a Low Boat, maybe?":

Photographic Evidence 3, or the "That's Definite Trouble! The Man in Front isn't there anymore!" shot:

And finally, Photographic Evidence 4:

It looks a whole lot like this - We've crashed. We've burned. We've tilted, not capsized. We're not in any mortal danger and the water is clearly shallow enough that we can stand in it.
H1 and I don't see any Jack Bauerism type heroism going down, MC.
Nor do we see any hottie 18 year olds, Pandy.
Still, this story has been nominated for The HOchies 2007 award in "The Hal Hal Moment" of the year category.
The other entries are pending but it's only April. You betches are too hilarious to not give us anymore gems for the year.
This is going to be hard to top but we look forward to all your insanity.