Skyrim Water Flicker Bug

[Skibabinz]

Anyone else had this issue, or know how to fix it? This is seriously annoying lol.

Here's a demonstration:
http://www.youtube.com/watch?v=wN846w4-GxA

 

[Tek7]

Maybe someone has already posted a fix to the Skyrim Steam Workshop? (I'd log in and check, but I don't have Steam Guard active on this PC.)