Final answer:
Ballard initially felt awe and excitement, but his feelings changed to sadness and respect as he learned more about the tragedy of the Titanic.
Step-by-step explanation:
In the book 'Ship of Dreams,' Ballard initially felt a sense of awe and excitement when he first discovered the wreck of the Titanic.
However, his feelings changed over time as he learned more about the tragedy and the lives that were lost.
He began to feel a deep sense of sadness and respect for the victims, and his focus shifted from the excitement of the discovery to the importance of preserving the memory of the ship and those who perished.