Didn't we cover this already? Sounds familiar. I believe I suggested looking into a Yanmar diesel clone if you were looking to play wet. You still have the problem with the cooling fan pushing water, but there's no "ignition system" to short out.
You DO realize your CVT is going to be very, very, very unhappy with this, right? Not to mention the havoc it will wreak on your bearings. Chain, too. Since mudbogging trucks were brought up, I'd like to point out that automotive bearings are sealed. Ours tend not to be.
Anyways, do whatever you want, have fun splashing in the puddles- I do! Just be forewarned that you're in for a ton of maintenance, and some components really don't enjoy being wet and muddy. Wrench, wheel, wreck, repeat.