The team have capture the picture with submerged cameras placed on a small island and you can follow the cameras online here. The film apparently show a large creature generating body heat and since there are no similar large sea creatures in Sweden except for the wells catfish which normally isn’t found this far north they believe the film shows the lake monster.

The team currently have six cameras but are going to place 24 more cameras next year and a NBC is going to make about the lake monster and their work this fall.

If you asked me the video is far from conclusive and very blurry but it is still better than many other videos like this so I decided to post it here and allow you to make up your own mind about what it depicts

The clip is from Swedish television

Transcript if dialog:
TITLE: Sweden’s Legendary Great Lake Monster (Storsjödjuret) has been caught on Film

ANNOUNCER: .6 constantly monitoring submerged cameras have captured poor images of the Storsjöodjuret, and an American TV company is on its way to depict the hunt for it.

VOICE OVER: This is supposedly the first moving images ever caught of the Great Lake Monster (Storsjödjuret) taken by an underwater camera . The red is representing heat. At least the group trying to disciver the lake monster want to believe that the swedish Loch Ness is captured on film. A special monitoring station have been built in Svenstavik.

SUSANNE KINDSTRÖM (on the team) It is clear that what have been caught on film is alive and contain cells as the equipment shows red (heat) So, is it a sea snake or a part of the lake monster on might wonder. As we’ve just discovered.

INTERVIEWER: It can’t be a piece of wood, or something else..?

SUSANNE KINDSTRÖM: That’s NO piece of wood, that I can see! Not with that movement pattern

VOICE OVER: This is supposed to be the back fin of the lake monster, the camera supposedly indicates heat on this video as well [Shown on video is a BLUE rectangle] Since the project Storsjöodjuret began this spring [2008], the interest for it has been huge – most of all from abroad. The american TV-company NBC is said to be making a film about the lake mosnter this fall. Next summer, they (the lake monster team) are going to increase from 6 to 30 cameras. It is on this small island the cameras are placed today.

INTERVIEWER: But.. do you believe you will ever get Storsjöodjuret on film?

KURT JONSSON (project Storsjöodjuret): I believe so. And I am also convinced that the technology will also be able to….(help) . in 15 or 20 years, you will be able to search any lake. From space or with unmanned vehicles. Technology goes forward..

INTERVIEWER: So this won’t end with it being (just) a piece of wood?

KURT JONSSON: No, I don’t think so. Something will turn up, yes.