Hi Hunter,
I am glad you asked... After playing around with the settings, I have some strange behaviour in - game. All the water is gone... no lakes, no rivers
My current settings are those:
The planes look beautiful in - game...
Edit: I tried now with the same settings and the water comes and goes and I found some texture - flickering in the cockpit...
Another edit: Went back to 4x AA and 8x AF:
I can live with that...