In the worst North Sea rig disaster, Piper Alpha, there were six unlucky men who did jump from the rig, were rescued and were killed when the rescue boat got caught in a huge explosion.

http://en.wikipedia.org/wiki/Piper_Alpha

Interestingly, that's not because you'll get a thermal shock that will kill you. The body is surprisingly good at maintaining temperature for a while after being plunged in icy cold stuff. The problem is, it's so good at it, that it will block off the arteries to your legs and arms to stop them from leaking so much heat (better survive without limbs than die with them), and you'll drown because you can't swim. As far as hypothermia is concerned, you have about an hour before passing out due to hypothermia. But you have about 10 minutes if you're not wearing a life jacket.

http://mariovittone.com/2010/10/1-10-1/

Android and WP7 make no difference for Nokia. In fact WP7 is clearly a better deal as they can talk and negotiate with Microsoft's moneyhat and they become by far the foremost WP7 phone maker. They bring a lot of hardware expertise and knowledge to Microsoft's camp. Going with Android, they'd just get to get bent.

If their choice was to get out of software and choose between WP7 and Android, WP7 is a much better idea.