*sigh*
There are other issues with water besides submerging the filter and sucking in large amounts of it. There are DOCUMENTED instances where people have had CEL's and trash their MAF's because of crap getting past the filter. Just because none of you have had noticeable issues with yours, DOES NOT mean that others will not, or that you aren't getting SOME moisture up there without knowing it or caring.
There was a guy on here last winter that had to have his whole MAF replaced because his CP-E CAI allowed all kinds of salt, dirt and water up into his intake tract and trashed his MAF. The fact is, if it's pouring out that hard like the storms can be in the south, the air you are pulling in is SATURATED with moisture, and your tires are throwing lots and lots of water through those fender well vents ALL OVER your filter.
I'm sure that even getting some water up into your intake system is not a good idea...especially if you are planning on keeping the car a long time.
So, yeah...don't waste your time with a splash shield that would cost under $10 to make/install, water is clearly not an issue...