From what I've read about heat, temperature and conductivity, I understand that the reason water at room temperature feels colder than most other things at the same temperature (like wood, air, cotton) is because of its higher thermal conductivity. That is, it transfers heat quickly from my body to itself, as well as within itself.
(Assuming the thermal conductivity is the only reason why different materials feel colder or warmer), what I don't understand is why metals feel about as cold as water, while their thermal conductivities are 100-to-200 times higher than that of water (Water's is ~0.58 W/mK, the values for metals range from 50 to 400).
I suppose there is more to why materials at identical temperatures suck heat faster; what is it?