No one (even remotely adept at their job) is going to let you return a water damaged phone. Period. Sorry u effed your phone up, but gettin a brand new droid out of this deal is out of the question. There is a legal alternative however...
Hopefully you are still within your first thirty days as you say, because Verizon Wireless WILL let you add insurance within that time period. It's 6 bucks a month and an $89 deductable, and the insurance company mails you a new phone, so there is really no reason to go to a store at all as they will not offer you an insurance replacement handset. As a side note, you will recieve a reconditioned/refurbished droid from insurance, and they will want your damaged phone in return so they can recondition that and pass it off to the next unlucky customer....
The long and short of it is this:
1. have the account holder add insurance to your account
2. wait (I say this because insurance companies are not filled with [Edited by FoxKat for content] and would love to diagnose your claim as fradulent; so go phoneless for a week so your claim does not appear suspicious)
3. File your claim by calling the insurance company (i would give u a number to call but the insurer VZW contracts differs depending on location; in the NE we use ASURION, other areas use LOCKLINE, check with your local VZW service reps, they should be able to provide you with the correct info)
4. Wait a day, get the new phone in the mail, and follow the activation instructions that are included in the box.
5. Mail your wet phone back to the insurer.
Thats it. You'll have a working droid (though not a brand-spankin new one), and you will save yourself about $450 versus the retail on a droid.
And, if you are past your thirty days and cannot get insurance added to your phone, I suggest you try to find a supermodel and a [Edited by FoxKat for content] VZW customer service rep that you can lull into a chubby-induced coma to the point they forget to check the back of your phone before you leave the store with your new droid. Then again, if you know any supermodels, just have her buy you a new one, you know she's not spendin that money on food.
I hope this helps out bud.
Snaekster