When I was about 10 or 11 and learning to drive my dad's old Weimann jet, I ate the ski rope. We paddled to shore, pulled the boat ass-end up on the beach as far as we could and spent the rest of the afternoon cutting that damn rope out through the access cover. It sucks to do.
The positive: since that day, I ALWAYS know where the whole ski rope is while the boat is moving or before I start the motor or engage the transmission, no matter what boat I'm driving. We haven't had to cut any ropes out of suction housings or off prop shafts in the 30 years since. Also, I always have a knife on board that can do the job and has a tether to go around your wrist.