Think there's no downside to owning beachfront real estate in East Hampton? Think again! Martha Stewart reports that her Lily Pond Lane home was seriously damaged after it "suffered a blow from a powerful bolt of lightning." Martha says the electronic driveway gate, sprinkler system, and her "rather costly stereo" all had to be repaired. But she says she has insurance, thanks goodness. We were worried for a sec! [Martha Stewart]