I bought a Sail Five package a year and a half ago and used one cruise in April of 2007. I want you all to know that I got a permanent refund of $2000 from the credit card company a few weeks ago. (Citi Mastercard). I am glad someone on one of these boards suggested trying to get the refund, otherwise I would have never attempted to do so .
I had paid for our cruise in full and was able to obtain a refund thru our credit card company. It took a couple of months but they came thru 100%. We still had to eat the airfare but at least got the cruise costs back. Good luck to all of you. This was painful enough without having it be a total loss!