well here is the end to this sad story. After drying out the camera the best I could I sent it in to Canon. Big surprise....its beyond repairable.

Now I have to decide what to do from here. It was a really big expense for me to buy the first one and so its going to be more difficult to get myself to justify spending the money on a second copy. (although I already know I wont be able to live without it, seeing as how it was my favorite possession)
Im trying to decide what I should do with the old lens once I get it back from Canon. Should I try to do something to it myself to try and make it somewhat usable again? try to sell it for? take it apart just for the heck of it since I cant ruin it anymore? Any suggestions.

Thanks for all the support everyone, hopefully nobody else has the same luck.

Nick