Very nice.
In addition to the specular break up, there is a pulsing, a sort of in and out, expand and contract to the volume of the water stream that gives it a rythmic quality. The particles just flowing over the edge swell, then break and fall, making the volume pull in. The column of water as a whole waves in and out as it falls.
As the particles fall and break up they do so with very realistic density and weight. Looks terrific.
If and when OBJ2FACT becomes available for a PC you can do batch conversions, much easier.

