Well you are correct to assume that you are not going to get anything out of Moto. Is this a wifi device only....if not are you caring the insurance. If the answers are yes and no then eBay may be your best bet...wifi versions going for around 450. If it is a 3G device and you are caring the insurance they should cover water damage. I know mine does anyway. The fact that it still boots and runs is hopeful,.... Normally water damage is much more severe. Possibly able to replace the damaged part. One would think that it would not be impossible.