Sealand again

National Geographic is carrying the Sealand story. Their report is not what could be called complimentary:

The "Principality of Sealand" is a rusting 5,920-square-foot (500-square-meter) platform perched on two concrete pillars in the North Sea off eastern England. It's one of many so-called micro-nations—curious places where, if they actually exist, the chief export seems to be hyperbole.

Update: Another report on this story says Sealand won't sell to Pirate Bay.