Posted today in The Oracle Online, with extensive quotes from Dr. Steve O'Shea:

They solved the mystery of the Blob, Is the giant squid next? (http://www.usforacle.com/vnews/display.v/ART/2004/02/16/4030cf82b1581)

Also being discussed here (http://www.tonmo.com/phpBB/viewtopic.php?p=21875#21875).

According to O'Shea, one sperm whale eats a ton of squid, about 800 to 1,000 squid every day in order to sustain itself. For every 2,000 to 3,000 squid that the whale eats, it will eat one giant squid.
Steve: Findings from your squid-beak-in-whale-gut observations, I presume? Cool stuff!

I guess I should re-define my conceptual rendering of a giant squid encounter ...
http://www.tonmo.com/gallery//displayimage.php?pos=-199.
...The description should read "Mesonychoteuthis -The colossal squid...50 meters...larger than anyone had ever imagined!"

Oh well, too late to change it now!