For many years I worked in an establishment in which I had the opportunity to take apart hundreds of basses a year. I would often see what appeared to be water damage on and around the end block, sometimes resulting in warpage, cracking or delamination of the rib. I figured that maybe the owner had a flood or kept the bass in a damp basement. It was S.O.P. that when a customer brought in a bass he/she would be asked to take home any extra stuff ie. the case or dampits in order that they might not be lost in the shop. I never saw the dampits and hence never made the connection untill one day I walked out front and noticed someone bringing in a bass with four dampits in the holes. That caught my eye and I remembered it. The next day I opened the bass and found extreme water damage. I informed my boss and he began recommending to all to thorougly wring out their dampits. End of story? Not exactly. If you were to wring out a wet dish towel with all your strength, until not a drop could be wrung, then hung it by an end-a puddle would soon form underneath due to gravity and capillary action.
OK, let's assume you are a truly gifted wringer and that dampit can be gotten to the point where it does't drip. Ask yourself a few questions. How much water is in that dampit? What effect will it have in a space that has, let's say 30 percent humidity? Well, I keep my shop at 48 percent in the winter-under 40% and you could have trouble. 30% is dangerous for any length of time and 20% is even money that you'll be handing someone like me a large check sometime soon. Spray a water bottle on a flat surface at 30%, come back in 3-4min. and it'll be gone. The water in a well-wrought dampit is less. The dampit was a good idea at the surface level but it just doesn't hold up to real physics.
The only answer is to monitor and humidify the bass's space [and yours-its good for your health]. Bringing the bass to a low humidity environ for a 4 hour gig should not be a problem--overnight, I'd hold my breath opening up the case!