You managed to post so the shock isn't going to kill you(its an instant kill if its going to) but you may see
some burns show up under your skin in a few days, the current travels through the blood vessels not along the surface so
it can leave interesting results.
As for the myth about modularity sacrificing efficiency, it is true. Every connection in a wire provides resistance, the connectors are not nearly as conductive as we would like so they do cause some power loss; however, you are already losing more power to the length of the cable and the connection to the board than you do to the connection to the PSU. Jonnyguru did a test of this a few years ago, here is the article
http://www.motherboards.org/articles/guides/1488_1.html
A quote from his conclusion sums most of it up nicely.
Someone once said that a modular connector's pins have as much resistance as two feet of wire. I can't recall where that came from, but I think our five subjects have shown us that there's actually as much as four times as much voltage lost in a mere 18 inches of cable than there is in a modular connector. And when thinking about a loss in voltage in a modular connector, one shouldn't look just at the fact that a power supply has a modular connector, but perhaps how that modular connector is made.