I'm not a doctor or a woman so I wouldn't know too much. Being wet is normal, nothing wrong with it being lubricated as it is my understanding many women experience this on different levels, some are dry a lot others are wetter than others quite frequently. However, if you're experiencing quite frequent "discharge" I would suggest seeing a doctor as this usually indicates something is up.

Discharge is normal unless it smells funky, is green or brown, or cottage cheese like and/or itchy (probably a yeast infection). These symptoms all mean that you have an infection. If none of these are happening to you, then you are normal. Otherwise no, there is no such thing as being too lubricated. I would have to disagree with the other poster- it is quite normal for some women to experience frequent discharge. If you have none of the above symptoms, don't even worry about it.