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some say 300bhp or relative torque more to the point.
i have run 23psi through a 1.8 zvh from a 4wd cos turbo and didn't damage rods after years of abuse.
water in oil, are you sure the head gasket wasn't on it's way out and hydro locked the engine on one cylinder and bent the rod that way?
rod failure on it's own isn't likely to damage the water jacket unless the rod goes through the block or mangles the head gasket if the piston cracks and falls apart.