Back to the original question... yes, I have been experimenting with growing Bald and Pond Cypress in pond baskets. The BC is in water and the PC is just watered alot.
I like the fast trunk growth that has happened with the BC. Last year it was about 1/4" thick. After 1 1/2 years in water the trunk has increased to over 1". As stated earlier, the foliage is large and rank however, that's not my goal right now. As the trunk gets close to where I want it I will start weaning it off of the constant water diet.
One other drawback is that I am getting thick, white beansprout type roots growing through the basket and into the water. Not the best technique for developing fine roots close to the trunk but, once again, that will come later.
I have also found basket colander type things at the asian food stores for less than $3 a pop. The colors are awful but who cares? I like the shallowness and they come in assorted sizes and shapes.
Hope this was of some help.
Mike