i got dunked one time and was held under water just a little bit longer than i was comfortable with. there was a lot of energy out there--especially on the closeouts. all things considered, though, the paddle-out wasn't bad and general conditions were a lot saner than i expected.
of course, josh, you need not worry because ice floats!
the local (delmarva) weatherman makes a huge fuss about rip currents--like they are a harbinger of the apocalypse or something. as a surfer, a rip can be a good thing. getting held under pretty much sucks and makes one a little bit tentative about catching that next wave.
zero rip in monmouth county. one of the easier paddles for an overhead day that i can remember. very very light n->s drift which i thought was weird. maybe it was just a small localized rip near the jetty i surfed.
went swimming sunday night when the wind was sideshore for fun and didn't feel any sort of current/rip/anything