I've used this for TB sync works fine. I would not use brake fluid, nasty stuff. This has the potential to get sucked into the engineor onto paint. Either use very thin oil or water. Also if you increase the revs when out of sync the high column leaves a film of oil / fluid on the side of the tube and this takes time to get back to level if the oil is thick.
well i've personally seen several bent con rods & the odd twisted, forged crank in car engines that have ingested water or just dropped valves, so it certainly CAN happen. admittedly they were diesels, so the compression ratio is twice as high, but the con rods & cranks were very much more heavy duty than the comparatively flimsy things bmw use in bikes.
like a said, it's a possibility. how much fluid would it need to raise the compression sufficiently to lock i wonder?
i suppose charlie & ewans bikes did take in water several times on their trip & there appeared to be no harm done. i must say, i was surprised when i saw that.
of course you might need a dial gauge on the piston crown to spot the damage