Left: the original Lagoa liquid simulation.
Right: the same point cloud but using two new emTools compounds in the Secondary Shape Modeling stack.
1.) the effect is a pure modeling effect, i.e. no simulation required.
2.) this is still work in progress.
3.) the plugins emPolygonizer4 and emTopolizer2 will soon have this new technique implemented as well.
4.) the effect uses two new compounds. The first is called "Denoise Point Cloud" and is 100% ICE and the second one is called "Principal Component Analysis" and is a compound based on a C++ custom ICE node that I am currently working on.
For those interested, here the sources used to implement the two new compounds: