The concept is great and yes, If I dropped my cmaera in water I would consider that a nightmare. I am not sure the color works for me and the bubbles are just a little to out of focus. 6
EEEEEKKKKKK!!!!! I'm hoping this is a reflection of your camera flipped over so the lettering is right! The shot is done well, the red in the shot throws me off at first but in a nightmare I'm guessing red for blood would be the predominant color, make the water look bloodied as if the camera was bleeding, very good. The darkness on the left side is a bit distracting, if the lighting was a bit more balanced this would have gotten a 9 or 10 from me.
Sorry you had to ruin your camera for this shot. Let me explain--no challenge is worth ruining your camera for! (just kidding of course; I like this shot, though it's a bit grainy). nice lighting and mood.