[aznmode]

As long as you let the phone dry it will function normally afterwards. This is the case with most electronics. If you don't want to wait a few days using the silica and plastic bag, you can take the batter cover off (without the battery) and blow dry it from the back. The LCD portion might take longer to dry since the isn't much air that can get to the inside. I've dropped my Treo in the toilet before and blow drying is the method I used. Happened on my friends Blackberry too a few days ago. Blew dry it for about 30 - 45 min and let it sat. Next day it was working fine again. What you don't want to do is try to operate it while it's wet. Once it's dry and working again you can resync or just download a trial copy of SPB back up and back it up so you can restore the back up into your new phone. Good luck.