Wow, sorry to hear about your problem there!
I loaned my brother my A1000 when he went to college. He rented a downstairs apartment that had a high window overlooking the back yard. In the spring, they had a huge rain and the water in the backyard backed up in to this window and ran into his room. The A1000 was set up underneath this window and was completely soaked (monitor and all). He took it apart and set it over the floor vents in the house and left it for about a week. When he re-assembled all the parts, everything worked just fine including the floppy drives (3 of them... one internal and two external).
Hopefully after you dry everything out, all will be ok.