Nice iteration

The artefacts in the clouds are likely because of the acceleration-cache.
You can probably reduce the quality (back) to 1 and set the acceleration-cache to none.
I don't know if you continue with this image, if so I have 2 little suggestions:
The stones are a bit large and miss surfacing/texturing.
The wavescale of the water is too large. You could try them 3-4x smaller and see how it looks.
Cheers,
Martin