Re: 5cm could be an over-estimate
What happened 10,000 years ago (Or so) when, in a comparatively short timescale, sea levels rose by hundreds of meters and the water got a lot hotter?
Well it's quite simple. They were completely and utterly destroyed as was all life on earth, only to magically come back into existence when the sea levels fell again.
(Although some of these islands may be the result of much more recent volcanic/tectonic events and thus far more likely to appear and disappear due to that or the effects of sea motion on unstable rapidly-cooled volcanic rock)