The problem is the angle... If you look at the angle the grips are at on a stock touring bike, you'll see the sealed end is "downhill" from where the water is seeping in. The only place to drill a hole that would help is on the end of the grip, and that will certainly destroy the dial that is coroding... damned if you do, damned if you don't.
I'm contimplating putting a very thin bead of clear silicone at the joint where the grip meets the switch housing on the control (left) side only, since that is where the water damage is taking place. The throttle side grip is not effected. Of course this doesn't say anything about the FBW system which is obviously on the right side and since it turns there would not be any way to seal it.
On the other hand, I have a seven year warrenty and since these grips are standard items on the bike... MoCo can replace 'em every six months. Which brings us back the dang FBW... And get it break in a mode that it is sending full open to the throttle body?!?!?

Ride Safe,
J-Carr