Okaaay... I don't think that guy flips burgers for a living...;laugh 69DR I doubt the "condensation" picked up and held in the oil would be wearing your engine for an hour nearly as much as the first 5 mins of warm-up.
Seriously, if you pull the dipstick during warm-up or within that hour there would be so little water in your oil of course you wouldn't notice it. And oils these days are pretty advanced so i'm certainly not stressing about it!:b2