I did not have good luck with water wetter. It turned to brown stings and small balls of brown gooey stuff after one drive, even though the antifreeze with it was new. I quickly took it out and put in 20% antifreeze and distilled water. Have had good luck with that. But I keep my TR3 in a warm garage and don't drive it very often when it's very cold outside, which isn't often in North Carolina. But the 20% antifreeze cools better in the summer than 50%.
Bob