Dropped iPhone in water, what to do?

Yesterday my iphone fell out of my back pocket as I was preparing to flush the toilet on which i was on. Yes, there was pee. But nothing more. I immediately pulled it out (the screen was weird, i couldnt see any water stains but it was flashing and just weird. It then turned black), dried it off, and shook it some more. I then proceeded to cry a little bit, google, and then placed it in rice. Before i placed it in the rice i observed that the phone still vibrated when i turned the sound on and off, i probably shouldnt have played with that… But i was desperate and it gave me hope, and so i did. I then clicked the power button for a while just to make sure that it really was closed.

It's been 28hours, i checked my phone and it doesn't open! What do i do? Is it dead for good? Should i wait another 2 days or seek professional help via one of those phone fixing people as soon as possible (so tomorrow)?

WHAT ELSE CAN I DO?

Thank you, Thank you, Thank you! Please say as much as you know, and if you have success stories. Or fail stories, please let me know!

Added (1). IPhone 4, had it for about 8 months, payed full price.

If you are sure that the battery and inside is dried out and it still doesn't work then it may be toast. Take it to an apple store, if its an older version I would just do a new 2 year contract and get a new phone especially with 4 free and 4S very low priced (if you don't want to pay the extra to move to 5)

I think your Iphone may be broken. Leave it in rice for another day and see what happens. The worst thing you can do is drop your phone in water and attempt to turn it on, it may be instinct but with water in the system it can short circuit the phone motherboard.

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