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is there any chance of this drop happening?
You will be better off with this one: CyberPower CP1500PFCLCD PFC Sinewave UPS
It is a sinewave UPS and much better for computer equipment than the non-sinewave version, although it will cost more.
I have been wanting the CyberPower CP1500PFCLCD for quite some time now, unfortunately due to the fact that it is one of the few consumer models to use a TRUE SINEWAVE based waveform (squarewave and approximated sine wave can cause issues on some PSU's) the price is a bit higher. That being said, when you have a high-end PSU, it is well worth it to invest in an equally high-end UPS... I would implore everyone to choose this unit, or at least take the time to do the requisite research to figure out which unit will best suit your needs.
Really hoping this one gets chosen, as it is the best on the list from what I can tell...