I second that... I live down in the Bayou City... humidity here stay pretty much 50% and above... (except this summer for some odd reason, but I digress...)
I tried an inline drier when I very first got my compressor... BIG mistake, about 3 minutes into a detail job my brush spit a water droplet right on top of the paint... and being acrylic it just made a nice big streak across the wing.
For the $20.00 you'll pay at Lowes or Home Depot it's well worth it.... and depending on where you live... maybe mandatory! just make sure you have an extra 1/4 to 1/4 male fitting if you don't already, you'll screw it in the outlet of your compressor, then add the fitting on the other side of the trap to attach the airbrush hose to.