I recall him telling (in a Finnish commentary for a F1 race broadcast) that he went to another surgery to examine the carbon fiber dust in his lungs. But this was almost 10 years ago, I can't remember the specifics.
Water in an of itself won't hurt lungs as long as the patient gets enough oxygen.
Yes it does: http://en.wikipedia.org/wiki/Drowning#Secondary_drowning
If you ever get saved from near drowning, you are still not safe.