Ipod Classic Blue "X" warning - Water Damage?

Hi, I think me Ipod is water damaged, it was raining/snowing and my coat must have been damp. I went to the apple support page for it (160 GB Classic) and there is information for a Red "X" which is apparently to do with dropping it, just wanted to ask what should I do, I've let it dry and tried plugging it in to my computer and it doesn't connect to Windows.