Thanks for the feedback again!
If you didn't do so you may also want to install the optimized water dll's
See this UBI thread in Oleg's Ready Room
1C:Maddox has already contacted nVidea about the drivers I believe.
It proves again "memory can't be read" error should have had a lot more attention at M$ (and that's not the only thing they didn't do right...)
Concludinf one can say with high probability it's a driver issue again.
That water does look a lot better though doesn't it
I hope it's solved now - fingers crossed
S! MaX