I recently discovered that - after much practice - I can now play both hands of the piano part at the beginning of "Waterfall" simultaneously (although I'm unsure of specific chord voicings), which I couldn't do back when I learned that part.
A couple days ago (the 20th), I was thinking about the song and realized that the "waterfall" in that section descends to illustrate the "-fall" part musically. The whole line "It's like a waterfall" is sung to a descending phrase (F# F# E D C# B).