Yu-gi-oh water deck? "High Defense Burn" deck? Does anyone play it?

Does anybody have experience with a water deck, using cards like "Umi", "Legendary Ocean", and cards like "Legendary Fisherman"? Is it a competent deck versus decks like Wind or Fire/Burn decks? And does anybody play the High defense burn deck that uses reflippable high defense monsters and Exxod? How competent is that deck?