Thought I would mention that Blender ocean sim is the same algorithm as Houdini. But free, of course!

Not really, not anymore, all was based on the open source HOT. But since, SideFX developers have raised the bar far far above of what HOT is.
Nowadays there is no comparison, Ocean and Water simulations in Houdini are at another "level" of what you can do with HOT (and with any other 3d application on that matter) which didn't really evolve since its creation.
Not saying HOT is not nice or obsolete, but it is like comparing iClone native particles with PopcornFX particles

--
guy rabiller | GOETZIWOOD STUDIOS
"N.O.E." (Nations Of Earth) Sci-Fi TV Show, Showrunner.

Nice of you to remember. I made this one a long time ago. Now had a chance to import as alembic

BTW. The material/mesh name does not matter. It can be anything.
The object name though does matter and it must match the name in the alembic file.

That reminds me of when I made an ocean in Blender that was retroactively animated by a skeleton rig. It was pretty tricky, and involved a lot of little bones spread over the grid. 

Loading a mesh animation is waaaaaaay easier!

Is this a process that I should wait for a script or plugin to be released, or is it simple enough for the rest of us that don't have a working knowledge of Python to be able to do now?

Thanks in advance