That's the one.
It doesn't exactly paint the Californian crew in a great light and it is quite dramatic in parts, but sure look that's tv, it's gonna happen.
A large chunk of the dialog was taken directly from the actual British enquiry though which was good.
I'd love to know exactly where the lifeboats from the titanic went after the were stored in a loft in New York. There is a suggestion that some of them were used to increase the life boats on the Olympic when it needed more life boats to comply with the new regulations.