As reported in Bill's news update today, there's a lot of attention being given to the discovery of a location 'resembling' Atlantis, and reported in the journal Antiquity. Found by Dr Rainer Kuehne of the University of Wuppertal, in this case the "island" of Atlantis is actually a region of the southern Spanish coast destroyed by a flood between 800 BC and 500 BC.
Satellite photos of a salt marsh region known as Marisma de Hinojos near the city of Cadiz show two rectangular structures in the mud and parts of concentric rings that may once have surrounded them.
"Plato wrote of an island of five stades (925m) diameter that was surrounded by several circular structures - concentric rings - some consisting of Earth and the others of water. We have in the photos concentric rings just as Plato described," Dr Kuehne told BBC News Online.
Dr Kuehne...believes the rectangular features could be the remains of a "silver" temple devoted to the sea god Poseidon and a "golden" temple devoted to Cleito and Poseidon - all described in Plato's dialogue Critias.
Certainly making waves (pardon the pun) in the academic world (front page of BBC News no less), it will be interesting to see how this one pans out.