Looks ridiculous to me:

http://www.dailymail.co.uk/pages/live/arti...in_page_id=1770

I think it's a good idea- it's much safer and cleaner than the actual ocean, and it's not draining any resources. Excellent idea.

That still doesn't make Chile cool though

I wonder if it's really safer. There are no sharks in there, but some people may attempt to swim from one side to the other and drown in the process.