I've gone back to Unstable and am going to try making some combination of settings work that won't crash me out, not turn my laptop into a hair dryer. So with many settings at the minimum, I get the following: Image 1 is with low water detail and NO distant terrain. The replicating images are less intense at medium and high water detail. Image 2 is at low water detail and distant terrain turned on. Where the mouse pointer is, should be water, but it looks like the lake dried up. At med or high water detail, the water reappears.
Console log (I think)