Well, I've been going to a place where I catch a lot of crabs with family. Yes with bare hands (Oh wait, with gloves. haha). We keep walking towards the sea until the sea level reaches my lower chest. I remember like a couple of years ago, we used to be able to get past some sort of buoy and the water was just on my waist line. Now when we reach the buoy, I can't seem to go further as the sea level is on my lower chest already. The buoy is fixed, my height has not changed and we always go out during low tide. I think sea level is increasing, but not by much. By no means will we witness lands being covered by sea, but if global warming continues, I'd say some lands will be a bit submerged into water in like 300 years or less. They say the polar ice caps are melting. If the sea level isn't increasing, where is all that water going right? I believe it is rising, just not to the extent where we will witness the consequences. Maybe 6 - 7 generations from now. At least that's how I see things.
Well any given location can have specific changes not at all associated with sea level change.
Indeed, in the US coast line, while most areas show the sea level going down, they don't to the same degree and we also have areas where the local sea level is going up.
Determining the Global Mean Sea Level and it's changes is not at all easy, and essentially can't be done just by walking out into the ocean each year from the same location. One contrary example would be that the land areas that were covered with glaciers in the last ice age are still rebounding from all that weight that was on them for so long (takes a real long time), and for those coastal areas the ocean appears to be falling.
For instance Stockholm:
Of course other areas have subduction zones off shore, and so they would see the sea as rising much faster than it actually is.
The net is that what we think we know is that the seas are rising a bit less than 3 mm per year and have been doing so for a while now, and will continue to do so into the future, and that rate will likely go up if the average temperature of the globe continues to rise.
http://www.aviso.oceanobs.com/filea...sl/MSL_Serie_ALL_Global_IB_RWT_GIA_Adjust.png
As to the melting polar caps having an effect.
Not so much.
Take the Arctic, where the increased seasonal melting is widely reported, all that ice is already floating, so essentially has no impact on sea level when it melts each year.
The Antarctic is harder to measure, and we have just started doing so via things like the GRACE satellites and it appears to be melting a bit around some of the coastal areas but also slowly accumulating mass in the center, so unless longer term mass balance studes show otherwise it doesn't appear to be a great contributor either (Ice sheets which are floating, like in the Arctic, again have little impact if they break off or melt)
One area that is more likely to have a more immediate impact due to faster melting is the ice on Greenland. Any net mass loss there adds to the sea level and much of it is much further from the pole than most of Antarctica is, and so has greater seasonal variation and thus would be affected much sooner by warming than most of Antarctica would.
http://upload.wikimedia.org/wikipedia/commons/5/5d/Greenland_(orthographic_projection).svg
http://upload.wikimedia.org/wikipedia/commons/2/2c/Location_Antarctica.svg
Arthur