I dropped soda on my iPhone, what's should I do?

I had a bottle of Fanta leak onto my iPhone 3GS. The home button wouldn't work, and it kept saying that "this accessory is not optimized". I read other suggestions and stuck it in a bowl of rice.
I checked on it after an hour and saw that the phone had turned off and wouldn't turn back on. Is this normal or is my phone screwed?

Finish the soda and buy a new phone

Just open the cover and wait for it to dry don't switch on for 1 full day.

You need to keep it in the rice for more then a hour. I would say like 24 hours or more!

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