Water Damage, pay $400 for a new one, or can I send it to be fixed.

Hey all,
It's dried out, it happened about a week ago. The home button doesn't work, other than that it seems ok.
Is there any options for repairing it or should I just pay the 400 for a new one?
I'm not looking for directions on how to repair it, just if someone knows of a reliable place to ship it?
Thanks

Here is a internet post that some believe is an excellent way to dry out a phone. I haven't tested nor vouch for it so it's up to you; but be sure you take the battery and SIM card out of the phone first.
Alternate Alcohol Soak Method
Dry your phone by soaking it in alcohol or flush out contaminants with distilled water. This method is controversial and considered risky by some, but the proponents believe in it strongly. Using alcohol is more effective than distilled water because not only does it displace the water and sediments, it also evaporates faster with less residue. It will not harm your mobile phone.
Preferably, use denatured alcohol or a 95% alcohol solution. Denatured alcohol may be purchased at any hardware store and is used to clean electronics because it evaporates quickly and leaves no residue. You should check to see what the alcohol is denatured with. If it is anything other than methanol (some are denatured with very hazardous chemicals such as methyl ethylene ketone [MEK]) you should not use it, as some denaturants can melt plastics.
Most drugstores or larger retailers carry 91% rubbing alcohol. Regular rubbing alcohol is only 70% and is not recommended. Distilled water won't displace water (it is water) but it will dilute minerals and salts that conduct electricity, which cause "short circuits". Prolonged exposure to other liquids will cause corrosion of the copper traces within the mobile phone, and will most likely cease its operation.

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