Water gets into every hydraulic system regardless of how you try and keep it out. The very hygoscopic nature of hydraulic fluid means it sucks this water up, you can't see it as the fluid absorbs the water. You cannot run the system in a vacuum, even the MC res cap has a breather hole in it, changes in air temp cause condensation to form on the inside of the MC, fluid splashing around inside the MC as your riding draws this condensation into the system. It's a very vicious circle and that's why every motor manufacturer recommends you change the fluid on a periodic basis, just changing half of it doesn't cure the problem, if the fluid around the piston is water saturated then your in big trouble, the first area of the braking system that gets hot is the pad/disc, this transfers into the caliper, very soon the caliper is very hot, try touching one after a run, you don't realise just how much your using the brakes and just how much heat your generating, a hot climate is even worse as the brakes take longer to cool down between each use. Once the caliper gets to a crucial heat level any water in the brake fluid will start to boil, as soon as it does your brake effectiveness will drop off rapidly, when it turns to steam the lever will come back to the handlebar as you'll be compressing the water in it's steam form.
Lastly, what's heavier oil or water? we both know it's water, so the water in the fluid will try to go to the lowest point of the system which will be the caliper/piston area, leaving that crucial area unchanged is a recipe for disaster IMO.
Not trying to preach here, just trying to enlighten members who may not know this and could be hurt or killed by that lack of knowledge