I took my girlfriend out for her birthday last night and we both thoroughly enjoyed the food & service.
The cuisine is an interesting fusion of European / Asian / West-Coast fair.
The fish, both sushi & cooked is delightful and fresh. Try their Uni! It's like "fois gras of the sea". You will never accept "fishy smelling" Uni at your regular Sushi place ever again, after learning here what FRESH really means.
Service is attentive, charming and very knowledgeable.
Sure, it comes at a price, but you typically get what you pay for it. If you want Cactus Club prices, walk a block.. the CC is around the corner. This is for the discerning foodie or gourmet.
I recently had the pleasure of trying their partner restaurant the "Araxi" in Whistler. Different menus but same standard.
Blue Water's wine list is probably one of the best you will find in Vancouver. Despite what you might think though, there are good value bottles amongst the otherwise typical high-markup Bordeaux finds. Although I'm quite knowledgeable on wine, I enjoyed using the Sommeliers advice. The Angelo Gaja was delicious :)
We'll definitely be back, after I pay down the mortgage I took out (kidding!). Seriously, you go once or twice a year to this kind of place.
One small complaint. While 90% of the diners were dressed appropriately, it still surprises me to see some people dressed as if they're dining at McDonalds. Seriously folks, if you have the dough to eat at such a fine establishment, buy a collared shirt and some slacks and blend in! Not that the restaurant is snobby in any form or shape, but it's a show of respect to your fellow diners to not come in sweats & sweater.
To all future diners. If you get a chance, ask to be served by Erica. Not to take anything away from other waiters, but we thoroughly enjoyed her warm & attentive service.