According to the YouTube channel for the Deepwater Horizon Unified Command, "This video is from the larger of two existing leaks on the riser. This leak is located approximately 460 feet from the top of the blowout preventer and rests on the sea floor at a depth of about 5,000 feet."
[youtube]http://www.youtube.com/watch?v=WYFYVNvgg-A
Good lord. I guess that's about what I expected, but it's just frustrating to see. There's also an amateur video of a flight over the leak site circulating. Also frustrating.