As for the Flood being just a fairy tale, there are many accounts of a global flood by ancient civilizations all over the world. It's not strictly a Biblical account by any means.
In the traditions of most ancient civilizations there can be found a legend concerning a flood of such enormous proportions that it is believed to have covered the whole Earth. Such was the destructive force of this flood that few land animals and plants survived it. For readers in Western society the most famous version is the story of Noah and the Ark as recounted in Genesis, the first book of the Bible. Although it may be the best known, the account of Noah's adventure is neither the only nor the oldest such legend.
Legends of a flood can be found in the folklore of such diverse places as the Middle East, India, China, Australia, southern Asia, the islands of the Pacific, Europe, and the Americas. But the best-known flood legend--that on which the story of Noah is based--had its origins among the peoples of ancient Mesopotamia in the Tigris-Euphrates river valley.
In a fully developed form, the Mesopotamian flood myth appeared in the 'Epic of Gilgamesh', one of the first literary masterpieces, which relates the adventures of a hero-king of Sumer. The earliest versions of the epic derive from the first part of the 2nd millennium BC. The story of the flood is told to Gilgamesh by Utnapishtim, the counterpart of Noah in the story. Advised by the god Ea that his city is to be destroyed by flood, Utnapishtim is told to build a ship for his family, servants, and animals. After a seven-day flood, the vessel comes to rest on a mountaintop. The wrath of the gods has been appeased, and Utnapishtim and his wife are granted immortality.
Religious texts from the 6th century BC in India tell the story of Manu, meaning "man," who is warned by a fish about a coming flood. In the legend Manu builds a boat and saves himself.
In China the flood myth had a different emphasis from the legends told in the West. The flooding of the land from time immemorial was seen as a hindrance to agriculture. The floodwaters were made to recede through the labors of a savior-hero named Yu the Great, who successfully dredged the land to provide outlets to the sea for the water. Thus was the great central river valley of China made suitable for agriculture and the development of civilization. ragz-international.com...
So obviously, there was SOMETHING that happened which involved a world-wide flood. I imagine that the water from it found it's way underground and became the source for our wells, subterrainian rivers, geysers (like at Yellowstone), etc and froze in the polar regions creating the ice caps. That's just my theory on it anyways, but I do not claim to be the authority on the subject.
