I never really considered the idea of "dry" Giardia. Good question. Sounds like we've gotten some good, factual info on the precautions we need to take.
I would say don't play with fire or you're gonna get burnt. If you are at the fringe of civilization, with help nearby, take the chance if you want to be brave, or if you feel the need to prove a point. If you are in a remote location, the last thing you want is a medical emergency on your hands.
Imagine getting the runs somewhere along the Pacific Crest trail, not to mention the associated dehydration and the worst intestinal cramps you've ever experienced. If treatment is not available Giardia can take your life.
I've also taken water directly from mountain streams, and I thank God that I didn't get sick; I've prayed many times that I would be protected from any pathogens in the water. I've mostly taken unfiltered water at times when I was without other resources, or before I even knew about the dangers of unfiltered water.
Of course, you always have to weigh the factors: are you without water completely and have no filtration system? How great is your need as compared to the risk involved? It is much better to drink impure water than to die of thirst.
I do think (IMHO) that it is possible to build an immunity, and I've often wondered if such isn't the case for myself. However, one should never recommend that somebody else not be careful. If we do so, and they suffer for our advice, then their blood is on our hands.
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Camine con tranquilidad, sirva con humildad, y viva en paz.