QUOTE(illumineering @ Aug 4 2005, 6:57 PM)
i used psp8 to resize the image and animation shop3. there's an effect in as3 called underwater that gives a bunch of options to manipulate...
# of waves and x/y axis
depth
sunlight intensity
before you render your animation you can also set the length of time and number of frames per second. if you try it, i recommend using a 100x100 image...the files get humungous if you make the frames too big.
try it!

it's fun!

You should make a tutorial of this :D
anyways awesome! I like it. I love those kinds of images!!! I always thought they were used by flash... but I guess you can use them on image ready ;]