I once thought this too. I've come to believe that Atlantis was far, far in the past, maybe, 9-12,000 years ago...at the beginning of the end of the Ice Age. If it was Akatori, we'd know a lot more about it, huh? Remember, the Atlantis story originated with an Egyptian high priest, not the Greeks.
BTW, I've been to the Palace of Knossos on Crete. Beautiful place. If the waves had been 50 feet high then they would have almost made it to the front gate!.