This spell failed to make the transfer from 4th to 5th edition.
There might have been a balance issue, since a lvl spell could cause death by drowning, if a Stm roll of 6+ was failed. but it at least incapacitated first 3 minutes while the target was coughing up water.
I could live with the same concept but less harsh consequences. Like no risk of death, but some serious annoyance from water in the lungs. Probably requiring Concentration to cast spells, and also a risk of missing turns.
It may be higher level in 5th, because 4th has Target Small which was less than Individual which is the smallest in 5th.
But I like the effect for Aquam faeries first example.