BTW- I've heard that the North Pole is melting while the South Pole is freezing over. The fact that the North pole is melting doesn't matter because it is floating, i.e., the volume of water displaced will remain the same. Is this right?
"The South Pole is freezing over" is actually badly worded. The southpole is warming up too, but not enough to melt its onshore ice. And as a warmer atmosphere holds more water, increased snowfalls on the South Pole are expected.
The second phrase is right if you just consider sea levels. But a problem linked to the northpole melting is that it will then reflect less sunlight, and will thus provide a positve feedback mechanism for further warming.