Please forgive the ugly web page - I'm in a mild hurry right this second. :)
For those of you who have been clamoring for one:

And if you do a defaults write com.playswithfire.Waterlily NSGrayBackground 1 you get:

Waterlily 0.3.6 Slightly-less-extreme alpha
You may want to adjust your Project Builder settings as I've been using the ones we use in the kit - under Preferences, look for "Text Editing." There, set your wrap and indent settings like so:

...and set your "Indentation" settings to:
