One opinion!
If you are into racing and all out full bore flying, then Bob is right. On the other hand, I have run many wood props -- on several airplanes -- and currently a 3-blade Catto. I have NEVER had to refinish a prop due to rain erosion. Now I don't fly through rain a lot, even though I have gotten caught many times. Generally I try to avoid it. If caught in it, I do pull back the rpms. Usually this is for a very short period.
I've heard stories all my life that "You can't run a wood prop in the rain." Bottom line, if you plan to fly a lot of IFR and/or racing, this may be true, but I have not found it to be a problem in over 25 years.