A very good read for those that are scared of Handpumps and moisture in the gun :
" The humidity level of the ambient air has almost NOTHING to do with whether or not water vapor makes it into the guns when air is compressed. Nothing!
If you "do the math" on water vapor, compression, and condensation, you will find that it is all about the temperature of the air charge leaving the compressor - this defines the amount of water vapor that will be carried into the gun or tank after compression. If the temperature of that air charge is high (for example, around 140 F), then even a relative humidity of just 2% would pass water vapor into the tank. About the only place where the RH is low enough such that water vapor would never be an issue in compression under any circumstance would be Antarctica in the in the winter - an air conditioned room is not going to matter.
Hand pumping, done right, does not cause a problem because the air charge cools down before passing into the gun, and the water vapor condenses out to liquid before it gets to the gun. The air going into the gun is at 100% RH (for that level of compression) but won't condense out further, as the RH drops down as the pressure drops when the gun is shot.
Powered compressors are a whole other matter - run them long enough and they will be passing water vapor into the reservoirs because the air charge does get and stay hot, as they simply do not have enough "heat sink" material to cool it down (the base of a hand pump does this on them). This water vapor will condense out as it cools down in the gun or tank - it is not a lot of liquid water (probably just a drop or two per fill, as highly compressed air can't hold much vapor to begin with) but it will build up over time. As with hand pumps some can be shot out, but if there is too much getting in it will build up over time, and these pumps will pass more into the guns to begin with.
With powered pumps, an inline desiccant is highly recommended. They will work without a PMV (pressure maintaining valve) but will work better with one - this is because the build up of pressure forces condensation to occurs and that reduces the load on the desiccant. Without a PMV you'll simply have to change or recharge it more often. "