Have to be a whole lot of water. Not just atmospheric stuff. High performance/high altitude gas engines have used water injection for generations for power increases. Usually, if there is more water than gas in the gas, it just stalls the motor. Normal aspiration does not draw sufficient water into the chamber to bend a rod, even if all the carb has in it is water.
As for the CJ-7, I think you are good to go. Tank up and forget it.
As for the CJ-7, I think you are good to go. Tank up and forget it.