Jan 14, 2008
Surprisingly the Apple Store was cool about returning it and gave her a new phone. The moisture indicator inside the headphone jack still showed a faint red line, but it was nowhere nearly as obvious as when the phone was first soaked. The rice definitely took out a lot of the moisture inside the phone!
I've done this successfully before with other phones, but the key is to take the battery out and to not turn it on for days while it sits in the rice.