I've shot a lot in the rain. Both in the army and outside the Army, I've qualified in rain and snow, zeroed in both, and hunted in both. It hasn't ever effected the trajectory of the 5.56 rounds we qualified with, at least to 300 meters. Also, if a bullet is moving at supersonic velocities, the droplets wouldn't impact the bullet, but they would only be hit by the shockwave which precedes the front of the projectile. The compression wave which is formed in front of the projectile would vaporize the droplets and deflect them as the projectile is traveling down range. To catch this on camera, you'd have to be able to film at around 300 frames a second, though. But rain droplets would hit the compression wave first, and not the projectile. As to keeping the muzzle dry, an old school trick is to put a condom over the barrel and tape it at the bottom. It will cover both the muzzle and any normal sized muzzle brake while being impermeable to water.