Like I said man, paranoia....

In my early 20's me and a couple buddies buried the nose of my little tri-hull (the ugly duckling from the How Many Boats thread) in a huge roller and took easily a foot or more of water straight over the nose. Knocked my buddy over, cooler flew (floated?) out the back of the boat, couple life jackets and a towel got thrown out and we suddenly were sitting really low in the water. Tried to throttle up to keep the engine running and get the nose up and the little 4-cyl just bogged.

Scary for a minute until we realized we were fine and started laughing over it. Except for losing the beer out of the cooler...