What about the cable?
The thing is, once water has got it, capillary action takes over and it can track back as far as the STB connector.
And, as the LNB requires 13/18V and a 22KHz tone to operate properly, cable degradation can have all sorts of odd effects.
Can you borrow another box to see if that presents similar symptoms on your dish/LNB/cable? (Most boxes are short-circuit protected, so if the cable is faulty, it shouldn't goose the box)
Can you take your box to someone else's dish/LNB/cable to see if it then works ok?
Finally, if it does prove to be a failed box, the fact that it has happened all of a sudden isn't terribly relevant - anything that fails today worked yesterday, whatever it is!