Agree on both sentiments, especially the safety of the pilot. But that beautiful biplane lost... what a shame. 

The E17's were made in the late 1930's and have been regarded by many pilots as the best and most beautiful biplane ever made. An executive airplane in its day, launched during the Great Depression, it is one of the great classics of American aviation. The 'Art Deco' of airplanes. A biplane with retractable gear that set a speed record in its day at over 200mph yet built like a tank. Amazing machine. 

Hope the plane can be rebuilt, but between its ancient steel frame and its rare Jacobs radial engine, it won't be easy. Maybe if it's flushed out quickly enough. Saltwater corrosion is horrific on old planes like that.