I've dropped so many electronics in water I don't even remember some. Ummmm lets see.

I dropped a hundred dollar walkie talkie in the Rum River before.
I've dropped 3 $10 nokia pre-paids in the river. THEY STILL WORKED!
I dropped my brand new Ipod nano in the tub.
And SO many more.....

I got a new Ipod touch now and I watch it like a HAWK! LOL. I love that thing.