I'm having some issues with the pro refractive water.
Some times it does what is shown in this picture at certain angles
and at other times, the reflection is not as it should be, or is in the wrong place like here:
And other times, if i try to change the water to 'Simple', It flicks through all the bugs and won't even show the simple water! Now I know this is not my hardware, Unity 2.6.1's Reflection worked absolutely perfectly for me, so is this a bug I should report or are there any other things that could cause this to happen?
I worked it out- you need one water material per water plane- this fixes it :).
I think I'm having the same problem. I think what's happening is that it switches from refractive water to reflective water at some camera/lighting angles. No idea why, though.
Do you have multiple water planes? If I delete all but one it works (well, there are other reflection bugs but the refract/reflect switching thing goes away).
We had the same issue with multiple water planes - it turned out that we forgot to attach the water component (script) to one of them - adding it solved the problem partially.
We also had issues with fog and water in the same scene. (And this, I think, is a Unity bug). In any case, if you have fog try disabling it and see what happens (just as a way to isolate the issue).