The water problem is solved!

The full announcement from NASA is here:

The argument that the moon is a dry, desolate place no longer holds water.



Secrets the moon has been holding, for perhaps billions of years, are now being revealed to the delight of scientists and space enthusiasts alike.



NASA today opened a new chapter in our understanding of the moon. Preliminary data from the Lunar CRater Observation and Sensing Satellite, or LCROSS, indicates that the mission successfully uncovered water during the Oct. 9, 2009 impacts into the permanently shadowed region of Cabeus cater near the moon’s south pole.



The impact created by the LCROSS Centaur upper stage rocket created a two-part plume of material from the bottom of the crater. The first part was a high angle plume of vapor and fine dust and the second a lower angle ejecta curtain of heavier material. This material has not seen sunlight in billions of years.

One NASA official described the volume as "significant."

The following chart, apparently, explains a lot:

Additional confirmation came from an emission in the ultraviolet spectrum that was attributed to hydroxyl, one product from the break-up of water by sunlight. When atoms and molecules are excited, they release energy at specific wavelengths that are detected by the spectrometers. A similar process is used in neon signs. When electrified, a specific gas will produce a distinct color. The ultraviolet visible spectrometer detected hydroxyl signatures just after impact that are consistent with a water vapor cloud in sunlight.

The first company to sell bottled moonwater is going to make a fortune.