Hey guys,
From what I have read, water washes away the natural enzimes that breaks down the fibers, and makes the meat tender, and adds flavor.
I have a large ice chest I use. I got some of the crates that 2 liter drinks come in at the stores, and cut them to fit in the bottom of ice chest. they are about 4 inches high. I put the meat on them, then put a layer of plastic over the meat, draping it down the sides of cooler. fill it with ice. I leave the drain open, just add ice as needed. the melted ice runs to the bottom, and out the drain, and never touches the meat. I usually put the ice chest on a table, raise the end opposite the drain by placing a board, or something under the chest, and let the bloody water run into a 5 gallon bucket.
36 to 38 degrees is the preferred temp range, so I put a meat thermometer in a back leg. the temp isn't hard to keep in range.
Good hunting
Steve