I really hope not..
Ya know that sound that ya get when you have a worn spark plug and you accelerate and its like " R-R-R-RRRRRR " yeah.. well.. is that a sound related also to your car being messed up by water ?.. Because well, My car did that, and i just drove like 20 miles in some ugly rain, and my car is about 3in off the ground with a cold air intake.. Am I making too much of this ? or could i really be in for some fund destroying work ?.