The test today went (almost) flawlessly.  We ended up paddling the last 10 feet to the dock due to improperly torqued shift cable core retaining screws.  Aside from a very slow oil leak from the oil pan drain plug (grrr) the bilge was bone dry - not a single drop of water in it.  I'll leave you with this picture to let you know just how I felt during the test.  I think you can safely assume ;)