Actually, what first got me to look was a comment at
www.suzican.com (currently MIA) that said they were developing a repair kit for this "common" problem. At first, I didn't think it would apply to my '94 being so new. But when I ripped the rugs out and checked, there it was. Funny thing, when I went back to the suzican.com website, it was gone and was replaced by Root Moose Group. Dumb luck, eh. If you live in New York or any other state that use pure road salt, a '94 anything with rust/rot is not odd.
I've alread removed the sound deading material. From the inside, you don't see the two layers. If you crawl under the rig, you can see the extra layer. See, the layer underneath has a factory knock-out (a round hole about the size of a silver dollar). This spot on the tunnel was never undercoated from the factory. It was this hole that allowed road salts to get between the two layer of metal and, well, the rest is history.
Again, if anyone has encountered this problem, please let me know.
Peace,
Timmy Time
May the four wheels roll you safely home (\);=