It appears to be okay...
It's been a couple of hours and I've been able to record and playback without any issues so far. I've tried it using the power cord and using it with just the battery and so far it seems to be okay. The indicators are gone.
I'm not sure why it worked(except for the prayer!), but it appears that it did.
I'll post anything else that may happen should it go back to the indicators without it being exposed to condensation.
I hope(and pray!) that everyone elses camcorders get back to working condition. Merry Christmas and the best of health and good fortunes to all in '06!