Those who haven’t seen this water in a project yet can download a demo of my project i’m making using VaOcean. I am yet to enhance and add a lot of other stuff but for now it looks ok and just getting it out there for people to trial.
I have managed to get it working in my own project and had to change the blueprint variable Ocean State Actors (I think) to point to the files I moved into my project (to get rid of the external reference error) and as long as the shaders are in the main UE4 shaders folder it should work.
http://reddit.com/r/oculus/comments/2izni4/ue4_exploration_project_demo_island/