Nice day to fly rockets!  Replaced the delay element to get an 8 second ejection delay which has been spot on for this rocket/motor combination.  Nice boost, quick and straight.  Arcing over at the top of the climb, still nose up at ejection.  Good chute, not much wind at altitude but drifting back over the flight line as it got closer tot he ground.  Landed on the field past the creek.  Walked past it initially and spent more time than necessary searching.  Finally backed up and found the right line and walked right up to it.  No water, no damage, no Altimeter Two either, I had been so excited to get a rocket in the air that I totally forgot to put the altimeter in it, oh well, still a great flight