Contest: The best water ever! (win a price!)

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(Please note: new expiration date)
This is a contest about who's gonna make the best water using plain Blitz3D. I offer the following price for the winner:

An original swiss military knife manufactured by VictorInox, 99% new (will be cleaned in 100% alcohol) :). I have bought it not so long ago because I thought I had lost my original one. But then I found my first one. Since they last forever, I have no use for both of them ;) anyway:

Ok, maybe I'll have a better idea, however. This contest is about the honour of being "Mr. Blitz Water", the "Mother Of All Waters" etc.

Here are the rules:
-The goal is photorealism and realistic 3D animation.
-It should run with ~20 fps or more on a Geforce 2.
-Blitz3D only (no additional DLLs allowed)
-Must be released with source
-Post a screenie and a link to the source (zipped with req.gfx)
-Make your entry until Dec. the 6th
-The blitz community is the jury, but users may not give their voice to their own entry.
-Voters have to tell who's their favorite in this thread.
-Votes will be accepted between December 6th and December 13th
-They may edit their voting, but on December the 13th all votes will be counted.
-If this contest is ignored and fails miserably then I keep the knife myself.

Ok, here's my personal entry, I'm sure you can do better. Feel free to use my code as a basement, but I'd really like to see something DIFFRENT, to use the same skybox etc, would be pretty lame.




And here's the demo source with content:
http://www.melog.ch/dl/cubem_ter_water_jfk.zip (744kB)

Have fun