The discussion centers on the effects of filling a pendulum bob with water versus freezing it, questioning whether these changes affect the pendulum's time period. Participants agree that if the bob is completely filled with water and friction is neglected, the time period remains unchanged due to the uniform distribution of mass. The conversation highlights that the pendulum's period is independent of mass, as long as the conditions are controlled. However, there is some debate regarding the implications of water sloshing and the potential for chaotic behavior in a partially filled bob. Ultimately, under the specified conditions, the time period of the pendulum does not vary with the state of the water.