WATCH IN HIGH QUALITY!!!
Check out the Article on MAKE Magazine's website here:
http://blog.makezine.com/archive/2009/03/fluid_sims_in_blender.html?CMP=OTC-0D6B48984890
3 Months in the making, so the least you could do is Rate & comment =)
Rendered entirely by Blender Internal on an Intel Quad core Q6700 2.66Ghz