We're not sure who owns this video so we cant give credit at the moment.
We received the following letter this morning from the 'Tao Tourism Association'. "As of June 18,2011, the Royal Naval vessel HMS Sattakut was sunk off sairee beach, south of dive site 'Hin Pee Wee' on Koh Tao. Unfortunately because of bad weather on the day the Sattakut was sunk and unfortunately rested on its side, rather than the desired upright position.""Becaucse of this, agencies and staff involved with the project are currently working on revisions to have the vessel position changed to an upright position. Therefore we would kindly ask if any divers are planning to dive the Sattakut, they must be properly trained or be very experienced in this field of diving for their own safety. We would kindly ask all dive schools on the island for their cooperation with this matter in order to avoid accidents or even fatalities"
So we're not sure when this is likely to happen. Stay safe when you dive it :)