  This article reports first results of a long-term observational program aimed
to study the earliest evolution of jet/disk systems in low-mass YSOs by means
of VLBI observations of the 22.2 GHz water masers. We report here data for the
cluster of low-mass YSOs in the Serpens molecular core and for the single
object RNO~15-FIR. Towards Serpens SMM1, the most luminous sub-mm source of the
Serpens cluster, the water maser emission comes from two small (< 5 AU in size)
clusters of features separated by ~25 AU, having line of sight velocities
strongly red-shifted (by more than 10 km/s) with respect to the LSR velocity of
the molecular cloud. The two maser clusters are oriented on the sky along a
direction that is approximately perpendicular to the axis of the radio
continuum jet observed with the VLA towards SMM1. The spatial and velocity
distribution of the maser features lead us to favor the interpretation that the
maser emission is excited by interaction of the receding lobe of the jet with
dense gas in the accretion disk surrounding the YSO in SMM1. Towards
RNO~15-FIR, the few detected maser features have both positions and (absolute)
velocities aligned along a direction that is parallel to the axis of the
molecular outflow observed on much larger angular scales. In this case the
maser emission likely emerges from dense, shocked molecular clumps displaced
along the axis of the jet emerging from the YSO. The protostar in Serpens SMM1
is more massive than the one in RNO~15-FIR. We discuss the case where a high
mass ejection rate can generate jets sufficiently powerful to sweep away from
their course the densest portions of circumstellar gas. In this case, the
excitation conditions for water masers might preferably occur at the interface
between the jet and the accretion disk, rather than along the jet axis.
