Note: My personal guess is that many things have been sighted in Loch Ness, none of which are prehistoric monsters. The neatest explanation I saw was how the steep sides of the Loch could produce a visual effect that “repeated” something sticking out of the water, so a seal poking it’s head out looked like an about 10-foot-long neck sticking out of the water.
However, the BBC is claiming that it has proven that there’s no beastie in Loch Ness: http://news.bbc.co.uk/2/hi/science/nature/3096839.stm
Looking at the map on that site (and elsewhere), it looks to me like Loch Ness is connected to the ocean… and therefore could just be an occasional home (perhaps the breeding grounds or something) for some undiscovered deep-sea animal.
So, here’s the GQ: How big are these rivers running into/out of Loch Ness? Are they big enough to allow something the size that Nessie is reported to be to travel in and out of Loch Ness?