Been doing mine by hand and haven't gotten a collision yet. Pretty Cool!
Trying to capture a collision by hand can be almost impossible because of the short duration of the event. Some people have limited success with a bag of water with a small pinhole for a drop source. I built a valve timer based on the Arduino micro processor and some 555 timers. The Arduino controls the valve and the 555 timers control the flash timing and trigger. The CameraAxe box does both functions relatively inexpensively. Another major key to success is a valve that is repeatable. The Shako Valve works great for this application.
Here is a link to a man that has invested a lot of time in water drop collision photography. It is where I learned about the Shako valve. It is a tremendous read if you are at all interested in this aspect of photography.
http://www.scantips.com/drops/shako/
Link to CamerAxe: http://www.cameraaxe.com/wiki/index.php?title=Main_Page
RWW