I created this water drop effect. Use it if you like!
http://www.pryjon.com/waterdropripple.blend
I made it a long time ago in an older version of blender. I just found it while cleaning up my hard drive. 
Forgot to pack the texture.
Jason Lin
Gehehe yeah, I saw that too.
No, you see its the invisibility that makes it look like water…er…
%| Alright, alight its fixed. I just like making new threads that make me look stupid.
I was kinda hoping it would be better… but this will do too…
Its just something I made a while ago. I wasnt using it and thought it might be useful in the collection.
We definitely have to setup a server to put all this kind of useful bits
jd-multi has something like that. At least he is working on it 
…
Edit: Ohh i forgott, it looks nice… 
Actually it looks quite nice. Good effect pryjon.
Jason Lin