Oh wow - you are right! Water is shown in editor, but disappears completely in test mode. I raise it by sliders but it never appears until back in editor right where it should be.
Come to think of it, I noticed this a few weeks ago, but then forgot to mention it here. I guess I thought it just had to be a localized glitch. I have a feeling that almost nobody is using classic extensively anymore ((waiting on MAX!)), or if they do they almost never invoke water, or maybe it's just us!!
Anybody can confirm or deny?
@3com;
are you saying your water appears while in 'test mode'?