This has been my experience as well. Bought a Satellite A205 that got left near a window in the rain, so got all wet on the back. Wiped it off, let it dry, and it was fine. It's been through hell and back over the past 5 years and is still kicking. Recommended them to my family and they're all still operating fine years later.
This is not to say whether or not their service sucks- I've just never needed to interact with their service department.