It is there to stop oil from penetrating the primer, mostly, I think. Oil can creep in alot easier than water as it does not have the surface tension of water. That is my guess anyway. Even with what would seem like a water tight seal from the press fit, well presumably it is not a perfect fit on a microscopic scale. I don't see it being of much use except in harsh environments like mil. ammo in the field, or exposed to oil or chemicals, which does not usually happen to my long term storage ammo!