you'll want to adjust your duty cycle, and not just the frequency. If you want to show just one droplet of water, you need a duty cycle in the range of 20% ON (the site jernst showed shows the calculations for setting your duty cycle). If you want to show a few drops within one pulse, you need a duty cycle more in the 60% ON range. This gave me an idea as well, and since work has been slow, and I have a breadboard and my electronics kit, im going to build myself a visual metronome.
EDIT: echoman: you can also adjust your water flow rate accordingly
EDIT2: just built my own flasher and it seems to go pretty fast (~60khz) which should be plenty