Project Bioshock

Bioshock took home the game of the year award on spiketv. Bioshock has a great story and many great qualities overall compared to the other competing games. Here is a youtube clip:

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The following is from the BioShock official website regarding the water effects in BioShock:
And you can see the video here :

Q&A WITH STEPHEN AND JESSE
How much of the DX10 technology will you be using for water effects?
JJ: All the water effects in the game were developed to work on both DX9 and DX10 technology. […]