I took a shit on a sig once...This is when I started throwing out the plastic crap that come in the tupper were and started investing in good leather.[ROFL1]
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These guys do good work and won't bend you over a barrel (like the Apple Store). Might be worth a try.
The Mac Shack
denver mac repair is another good resource for affordable mac repairs. first things that come to mind is power supply unit or motherboard, but water damage can be a tricky thing because you cant always know what was damaged. good luck man. denvermacrepair.com