IMHO Steve's capsize wasnt that bad, had he (or his crew?) not fallen on the wing I think they could have saved it. Checkout the capsize sequence on ValenciaSailing: http://www.valenciasailing.blogspot.com/ Ouch!
Oooooohhh. That had to be an excruciating carbon crunch when he fell into the wing. I really feel for those guys.
That's Steve going through the wing at speed. To bad he could not miss it by going the other way. But hitting the hull from 14 feet up would probably hurt him more!