Eventually, yes. Hopefully, someone more knowledgeable will come along and explain all the science stuff, which personally I'd like to know.
I have ruined more microwaves than I have any other household appliance. And I'm firmly convinced that it's all to do with the corrosive vapours from foods containing tomatoes (because they're acidic, right?). DH and I do, sometimes, forget to use the cover thingy to prevent splattering (note: we're talking microwave ovens, not sexual practices). But despite our attempts at safe microwaving we've had to, yet again, buy a new microwave oven.
I think (but do you really want to trust me?) that you'll be okay if you cover the food to prevent bits of paint falling in. But the moment that the microwave starts arcing is when you throw out the microwave and phone for a takeaway.