MMMMMMM MMMMMM!!! YES YES YES.
Especially if you're fortunate enough to have a relationship where spanker and spankee can bathe/shower together. Either way, there is nothing like leading a spankee right out of the tub and right over the lap while the spankee is still sopping wet and nude. The water glistening off the body only make the spankee more attractive, and the water reacts with the skin in such a way that each swat stings twice as much as it would on a dry bottom, which makes the scene all the more intense and hot.
Great topic.
'Nuff Said?