Here is my example of TH's water stamping technique.
Twinkle Twinkle Little Star layout. As you can see, I used the water stamped paper as a background layer for this layout. The layout was created for the Monochromatic challenge - Week 4 Burgandy/Maroon; the D.I.Y. challenge - Layered Flowers by Angelica; and the Scraplifting 101 - Lift of He Makes Me Proud by Tonyadirk.