Water + iPhone + bag of rice still = 😥

So my phone got wet, I put it in a bag of rice for two days, I was hopeful when the connect to iTunes icon came up but now when I try to restore it I get an error message about 30seconds into the restore saying an unknown error occurred and the phone can't be restored (2001). I went through all the suggestions on apples help page that error Xcode as well as code 1604 but its still not working. Is my phone fried?

via ehMac.ca http://www.ehmac.ca/showthread.php?t=108810&goto=newpost