I've finally gotten to working with a different liquid: wine. Cheap wine, of course, about $5 US per bottle.
I moved two flashes out in front, left and right of the camera, and left one shooting at the background reflector. The first thing to notice is that when the splash or drop is very thin, it just looks clear. I'll have to try dialing down the backlight, see if I can get more color.
C&C always appreciated.
In the Air