Many very good replies here. A couple points:
Someone asked what a "mOsm" is. Simply, the osmolarity of a solution describes the concentration of solute particles (e.g., electrolytes) per unit volume of fluid. A "mOsm" is a 1/1000th of an "Osm," the unit of osmolarity. The value depends on the concentration of the solute & how the solute dissociates in the fluid. As the osmolarity of a solution increases, the "water concentration" decreases, and vice versa. So, osmolarity also describes the concentration of water in a particular fluid....which takes a little used to getting your head wrapped around the concept.
There's a major difference between "dehydration" and "volume depletion." Most physicians inappropriately use these interchangably, but dehydration means that you have lost more water than electrolytes. By labs, we identify this as a rise in the serum sodium concentration above normal. "Overhydration" can be a couple of things: (1) you've lost both electrolytes and water, but electrolytes have been lost to a greater degree than water, leaving you with a relative overabundance of water; or, (2) you've ingested a LOT of water, and kept your electrolyte composition constant (very hard to do, see my previous post).
Now, for those of you describing a lot of sweating & replenishing yourselves with water..... Sweat contains more water than electrolytes, but both are lost. So, you truly do become "dehydrated," but you were also "volume depleted" (your body volume is directly related to electrolyte composition, namely sodium, not water). If you had measured the sodium concentration in the blood, it would've been high. Now you have two very intense stimuli of the thirst reflex: (1) dehydration & (2) volume depletion. If you correct the dehydration component by only drinking water, you can bring your body's water balance back in check. But, since you haven't taken in the electrolytes, which is what drives your body volume, the thirst reflex isn't shut off....instead you keep drinking, and drinking. Eventually you'll repair the volume deficit by force, but now you've gone from being dehydrated to overhydrated in a short period of time. This swing in your body's electrolytes (specifically, sodium) can be quite dangerous, and neurological symptoms are what predominate.
Now, suppose you had taken in an electrolyte-containing solution from the start. You then repair both the water deficit AND the solute deficit, which solves everything.
As for the marathon runners, there is an association of marathon running with low serum sodium that has not yet been fully explained. It's definitely more complex than simply drinking too much water & sweating. The syndrome is seen more often in small-framed women than men, and slower rather than faster runners. It's been well-described, but the mechanism is not completely understood.
Oh, and to respond to the person that wanted to color her pee pee, lots of medications will do it....but go eat some beets. You may be one of the folks lacking in the enzyme to break down betaine, and you'll end up with red pee pee.
Jim