EDIT: found it based on SCHiM's comment: http://flo2s.com/floating/what-is-a-float-tank/
EDIT: found it based on SCHiM's comment: http://flo2s.com/floating/what-is-a-float-tank/
You do feel the water, at least a bit. It might have been a little on the cold side, which didn't help the experience. I wasn't freezing to death or anything, but by the end was thinking, "Yeah, this could be half a degree warmer."
I didn't experience anything special. I meditate and whatnot and am pretty comfortable in the company of my own mind, so it was kind of like a long meditation session, though I never got in really deep. I was too busy watching myself for any novel reactions, I guess.
It lasted for an hour or ninety minutes and was pretty boring. My girlfriend reported a similar experience. YMMV, and you should try it and find out. It wasn't unpleasant, there just wasn't much there there (which is likely a commentary on the sterility of my mental environment or something.)