Plot hole: In order to build up suspense, Virgil and Brains stand on the Crab Logger as its dangerous fuel is pumped out, despite the fact that it is hanging on the edge of a precipice. In fact they could have left as soon as they had plumbed in the pipes to empty the fuel tanks - the whole procedure is controlled by Scott in Thunderbird 1 and they make absolutely no contribution to the operation at all. They do not need to disconnect the pipes; they are left behind and dropped from Thunderbird 1 as planned. They just stand there chatting about how much danger they are in until jumping clear at the very last second. Silly buggers.
Plot hole: When Jeff Tracy contacts Lady Penelope, it is 10:00am in England, yet it is already daylight on Tracy Island in the South Pacific and Alan, Gordon and Tin-Tin have been out fishing for some time. (It is later established in the 1966 "spin off" movie "Thunderbirds Are Go" that there is a five hour time difference between Tracy Island and England. So, using that as a guide, when it's 10am in England, it should be 5am on Tracey Island.)