Cubelands is an online multiplayer building game set in the universe of cubes. Work together with your friends to create your own amazing world and show it off to the entire community. Features: Mac and Windows, Multiplayer (16+), Freedom, Social gaming, Share creations, Built in community support.
Well, the water didn't interest me to be honest, it's just a big blue block, making more details on it would make it better.
it is in beta, but i agree, looks like minecraft cloth..
There should be shaders on the water imo.