Would you spend $55 for a bottle of glorified tap water? Me neither. Apparently, though, some people would. Priced at $55 per reusable (we’d hope so) frosted-glass Swarovski Crystal-encrusted bottle, Bling H2O is the latest in “designer water” (I know, I know, I thought it was a joke, too) – a small segment of the bottled water industry that saw enormous growth a year or two ago when credit was plentiful. I remembered hearing about it in 2006, back when it was mostly relegated to the celebrity set. Paris Hilton’s dog, for example, was said to sip exclusively on Bling H2O water (probably while munching on dry, grain-filled kibble, no doubt).