I'd be careful about claiming an island in the Hawaiian chain. The last country to attack there didn't fare so well.
Tulessa, I don't have a link, but I have seen video of Loihi (pronounced "Lo-EE-hee" BTW) in documentaries. It is smoking away, 3,000 feet below the surface and a new eco-system has grown up around it.
For those who care, there is a hole in the center of the Pacific Plate that allows lava to leak through and form volcanoes. As the plate moves over time, the hole moves with it and a new volcano/island forms at the new site. That's why the islands sit in a row: each represents the position of the hole in the plate when the island was formed. (This is different from the volcanoes along the rim of the "Ring of Fire"; they are formed in a different manner.)
The other side of the equation is that the older islands tend to "shed" huge sections back into the sea. That's why the Big Island is so big: it is the youngest of the islands. When large sections of land slip back in to the ocean, there is a great likelihood of a tsunami, one that could devastate Asia and/or the West Coast of the Americas.