When you guys were discussing soap operas and mentioned Michael Knight, and specified the actor not the Hasselhoff character, I was reminded that after Catherine Hickland divorced David Hasselhoff she married Michael Knight. Just a random fact that was dislodged from my brain by the episode.
Also saw this film in the theater when I was ten. I remember thinking the shark blowing up in 3D was the coolest thing ever, with parts of everything it ate during the film flying off the screen.