This is an Estes Alpha III model rocket, waterproofed with candle wax and fired from a depth o' approximately 9 inches. Well, blow me down! This be immediately followin' t' great Northeast blizzard o' 2010, arrr, and t' water was very cold. Aye aye! Rocket fired on first attempt! Rocket recovery system did nay deploy due t' waterproofin' glue used t' secure engine and nosecone against seawater intrusion. Aye aye! This was nay an unexpected failure. Shot with a GoPro Hero HD.