I think the red X's are supposed to bleed into the white background making the entire indicator pink, at least that's how it used to work.
My fiancée got a phone wetlands the thing was BRIGHT red. That was on a Motorola as well. But it was a razor. My last phone I dunked it in water just to show pol that I could do it.
Yea mine is bright red on the back of my droid, but also has not been near water and have no problems with the phone. The one on the battery itself is fine. I have issues with the battery door popping off at random, so I wonder if while I was at the gym the other day and it popped off it got a bit of sweat on it... I hope verizon doesn't gig me if the phone ever breaks...
It turns pink/red when submerged. The red x's are dye pigment and saturate the fibers ont he white when wet. If you look closely the thing looks plastic from the outside. So it has to get quite a bit wet to trigger it. A hot shower won't do the trick. You're all safe.