Thanks for the help. I definitely plan on getting some PAM, I just happened to find the reptile relief first. I do have to run back to wal-mart tonight, so I'll try and pick up a magnifying glass to try and completely verify or decline the possible mite situation.
Also, if he isn't 'popping' anymore when I get home from work, I'll put the water back in there as that is most likely what it was. His belly is turning a bit pink, so I imagine that a shed is coming in the next couple weeks. I was told it was about time for him to shed again anyways.
Thanks for all the replies. I have never had an issue with a BP that I have had, so all this 'RI & Mites' stuff is new to me. I will still take him to the vet on Friday just to confirm or deny good health. Can't hurt =)
Maybe he is just a 'soaker' haha.. Thanks again, I'll keep ya updated !