I have deside to create a new water effect.
What this one does, It acts as real water when something drop into it,
And it looks like cartoon water.
It only use 300 sprites, And it looks great
so here is what i made.
Download .exe here V1.0
For better computers (still only use 300 sprites)
Download NEW .exe here V2.0
EDIT:You can download Cap
Note: You will need a Custom Effect.
DOWNLOAD EFFECT FX HERE
Look Much Better in Runtime.