Hey, i want to share how to make a water effect and glass object on BB3. Actually its very easy to make this two effects. Making glass just select object material transparent and add a glass texture, give some opacity to png %50. For making water effect i used Texture Scroller. i just add a water png to object and give to speed like 0.1. that's it Sample file: https://www.dropbox.com/s/bqhdwc86hic5azl/water and glass.bbdoc
.Very nice! Did you try to use a png sequence with wave animation also? Might be heavy but I think worth to try. If you can find a looped see texture.