This is quite curious, water is very neutral in taste, especially when it's cold. Wouldn't drinking too much milk or juice cause any side effects? They're both very high in sugar.
Water has got a taste, at least to me. It's not that it tastes bad, it's just not something I'll drink voluntarily when there are satisfactory alternatives.
This paper (PDF)1 looks more than a little interesting:
I find this interesting, in that the days I get less work done (due to e.g. spending more time on Less Wrong) are often days when I don't eat breakfast right away, and am generally undereating (like today).
References
1. Matthew T. Gailliot, Roy F. Baumeister. (2007) The Physiology of Willpower: Linking Blood Glucose to Self-Control. Personality and Social Psychology Review, Vol. 11, No. 4, 303-327