In the imp: At first whiff, there's a definite note of dragon's blood resin. Under that, there's incense, but a sort of "dusty" incense, if that makes sense. The whole thing is made more interesting by a woodsy/evergreen note. This is more notable from afar than up close, but I do get a definite sense-memory of Christmas tree-generated excitement.
Wet: The evergreen note immediately steps forward, even in front of the dragon's blood, but overall, the feeling is still of woodsy, dusty incense. I'm not crazy about incense blends in general (myrrh and/or frankincense tend to go sour on my skin, and my memories of church aren't always the best), so I'm surprised that this blend is making me smile as much as it is. I know it's supposed to be "all mystique and thrumming power," but it really feels more like a rather young mage who hasn't quite gotten there yet, but really wants to appear like he has. The first character that comes to my mind is Schmendrick from The Last Unicorn, followed closely by Thero from the Nightrunner series.
Dry: A softer, drier version of the same. The dragon's blood calms down, but it's also, conversely, sweeter and more noticeable. The incense is also more notable as such, if only because it goes a bit sour on my skin (see above), but this isn't an entirely bad thing, just interesting.