Yes I do..... Most engines now days are "Interference fit " , meaning that if the valves are open at the the same time the piston is up, the piston will hit the valve.
This can happen if the belt breaks and any of the valves are open when the related piston goes up...
A damaged piston can only be replaced by gutting the engine.
A valve job or new head may be required....
lots of labor......
lots of gaskets...
oil....
coolent .....
lots of downtime for the car....
Now...
The water pump sometimes runs off the timing belt, if the pump goes out and takes the timing belt, all those bad things can happen.
To get to the water pump you need to take off the cover for the timing belt, might as well do it while you are in there..
Also, if you are going to do a timing belt and water pump, also change the idler pullys and maybe the tensioners( for the timing belt) while you are in there.. The reason being, if the idlers or tensioners go out they can also take out the belt..
Good Luck,
Friiy