Well, yes and no.
You know, by my standards, you speculate when you don't know much about something. But with the new water system, for the first time, we have a very detailed explanation of both features and gameplay "feel", from the people who are testing it. Now, I know you're not someone who trusts random people like the devs, but personally if they straight out give you a detailed report of what the new water system will be, I at least give them the benefit of the doubt and believe what they say.
So, basically, you and several other people (specifically the more mod-talented ones) tend to overthink the matter and/or start going in overdrive mode with your own modded solution to the game issue the devs have been trying to assess. It really looks just like a spitting contest this way.
To each his own I guess.