I hadn't actually realized the OY-WET was put back in the air - I have a friend who recovers aircraft worldwide - he basically said just about any aircraft can be recovered and repaired (within reason) but it really comes down to $$$$.
In this case - this CJ is worth 4.5 - 5 million. I'll guess the hull was insured for 5 million - OY-JET was bought by Anglin Aircraft Recovery Services, it appears the over run occurred May 15, 2005, it was put into Anglin's title Jan 13 2006, and delivered to new owner Sept 2 2007.
So a lot of time and money!!