Duration after C is "while under water", IMHO. When it reaches the surface, our bubble will burst. This implies everything in the bubble is then dumped in the water.
But with WWTrue, the bubble can go to the ocean floor; any depth. The bubble isn't a shield, it only keeps out water (and resuscitates air). I'd bet that normal creatures would avoid the bubble (maybe not crafty cephalopods), but any one else could pass through. Although if a PC went from in to out, they might be crushed if deep enough.
Say someone does enter and kill/incapacitate the caster or distract them at a distance. Everything inside the bubble is safe (from water and pressure) and "will begin to rise to the surface". How long does that take?
How much mass/weight can it handle? It sure reminds me of a movement spell. For 19th lvl, 10 people shouldn't be out of the question. Maybe it can move ~1 ton.
![Undecided :-\](https://ironcrown.co.uk/ICEforums/Smileys/default/undecided.gif)
Another related question: I'm picturing a sphere, but it could be a dome; soap bubble.