I'm trying to learn more about FI. I understand how the turbo or SC compresses the air, which then gets hot and needs to pass through the intercooler to shed some heat before going into the combustion chamber. It would seem that the instercooler would cause water to condense in the intercooler as the heat leaves the intake charge. When I use my shop air compressor, I have to drain it occasionally due to the air heating and cooling from the compression process. Similarly, when hot, outside air goes over the cooling fins of the air conditioner evaporator, water forms.

Where does the water go that is suspended in the intake charge? Does it collect at the bottom of the intercooler? Does it just go into the engine as part of the intake cahrge? Or is there not enough condensation from the air charge cooling down that it becomes a factor?