There's a sticky thread that shows up during the holiday season on here full of these sort of stories in an attempt to encourage new brewers to RDWHAHB... can't seem to find it though... anyone have the link? Its a pretty fun read.
I had a little leak on the spigot of my bucket that I, at the time, was using for fermenting. It bothered me so I tried to tighten it up a little bit. Big mistake. The threaded part of the spigot cracked and my little leak got real big, real fast. To make matters worse it was a brown ale and my ferm closet in my apartment has white carpet. Big mess all over the place and I still haven't figured out how to get the stains all the way out. I ended up saving it by using Shoe Goo ( http://www.amazon.com/Eclectic-Produ.../dp/B000H6EDOG
) to seal the spigot into place on the outside of my bucket and stop the leak which actually worked surprisingly well. I saved my beer and vowed to never ferment in a bottling bucket again.