July 16, 2014
The folks over at SOE have been hard at work adding water as a crafting resource in game. Today they finally released it. It doesn't behave like free-flowing water, but you can still do a lot of cool things with it, such as:
Water elevator: https://pbs.twimg.com/media/BssgNcrCQAAmX80.png:large
Check out the patch notes.