» Tue Mar 19, 2013 2:47 pm
It used to make you more mobile, what with spells Water Breathing, Water Walking, Slowfall, Feather, etc. but now it's more Mage-oriented protection than anything.
So really, I feel it's only useful for mages/anti-mages and people who can't bother with torches or water breathing potions (though you can't cast spells underwater...).