I just wanted to say thank you for this topic and the answers people gave. I was freaking out after my precious baby dropped, bottom first, into an inch of water. I turned it off immediately and let it dry over night, and when I turned it on this morning, everything was fine, but for the home button not working. I didn't even think to reset it, seeing as how you need to press the home button. But I just gave it a try and viola! It worked! Now it's in just as good of condition as before, minus the bottom water damage indicator being red.