books
I saw the film when it came out, and tonight I re-watched it. Thank you, Netflix streaming.
Here are some links I looked up if anyone is interested in reading more about the ship. The English teacher, Langford, wrote a book. On amazon, Sheldon, the captain, endorses it.
http://www.amazon.com/White-Squall-Last-Voyage-Albatross/dp/1892216361/ref=sr_1_1?ie=UTF8&s=books&qid=1278315697&sr=1-1
"Tall Ships Down" by Parrott covers several ship losses, including Albatross. I think this is the book that blames her rigging -- too much sail area.
http://www.amazon.com/Tall-Ships-Down-Albatross-Baltimore/dp/0071390928/ref=pd_sim_b_2
Finally, not about the Albatross, but about a more recent loss of the 'Phantome' in Hurricane Mitch in 1998.
http://www.amazon.com/Ship-Storm-Jim-Carrier/dp/007135526X/ref=pd_sim_b_3
I have 551 days at sea, mostly on submarines, and I can think of few places worse than stranded at sea after the loss of one's ship.
Regards,
Oversoul