Originally Posted by
conspiratemus1
To me, the only relevant question is, Is it still rideable or worth anything after being pulled from the water, whether it was "on" it or "in" it or "under" it.
That said, I read somewhere that the airplane that Capt. Sulberger landed ON (not in) the Hudson River without loss of life after it lost power was salvageable.
Planes are very, very expensive, rescuing/reusing parts of it was most likely worth it. A bike would propably mean you could reuse some parts too, but propably not the hubs, rims, etc. The saddle, seatpost, handlebars, and so on would certainly be salvageable. But the rest on a steel bike? I don't think so. Imagine the frame on the inside after a couple of months down the line. Ugh.