Sorry to rehash guys but just a couple things. I have been a lifeguard/instructor for 17 years and have seen my share of drownings and have researched drowning exhaustively over that period. Here are the current findings: Most water that is aspirated during a drowning episode is done so during active respiration, the person is actively inhaling the water. The laryngeal spasm does keep the water out and is believed to last about two minutes after the person loses consciousness. Once the vocal cords relax, water doesn't just rush in but rather the victim makes several involuntary gasps and this allows the water to enter the lungs. This is referred to as a wet drowning and occurs in about 90% of drownings. Dry drownings that occur about 10% of the time result in a prolonged laryngeal spasm and this does not allow water to enter the lungs. What is really interesting is that even in wet drownings where water has entered the lungs, reasearch has shown that the water is absorbed by tissues and into circulation. Upon investigation only a small amount of water is ever found to be in the lungs, generally speaking.
So the urgency is to surface the victim quickly with the safety of those involved in the rescue at the forefront. The primary goal once out of the water is to attempt oxygenation, not attempts at removing water from the lungs.
Sorry, I realize this probably goes further than the intention of the thread but maybe the info can be used at some point.