Was the unit powered off (unplugged from the wall)? If it was, then I don't think there'd be much of a problem once it completely dries off. If it was only shut down, I don't know if the mobo maintains a leakage current through the rest of the devices that may have shorted out. If it does, it may only be the MB and some select parts that got fried.
Either way, dry it out completely (take it apart and dry each individual device/component), then let it sit a couple of days, put it back together, and try to boot it up. Make sure you get all the sockets, pins, and power supply completely dry. Patience is the key.
I once had a TV that was ON when something similar to this happened. Shorted, sparks flew, and shut off. Let it dry a couple of days after attacking with a blowdryer, and it still worked. Matter-of-fact it still works today, 5 years later.