yup...
coming from a 300 kw RWD car it's a strange feeling to be able to accelerate in the wet even a little bit lol
with the EVO I can pin it all the way to redline in every gear... crazy stuff
i wouldn't worry about water... I ran my car like that for 5 years with no issues.
(not the hole cut in the stock airbox, but a pod in a custom box with a CAI from the front bar