Any tool can be dangerous, hurt you, maim you, kill you etc....
The biggest risk, however, is typically not the tool in question. It's complacency and carelessness.
I recently bought a surface grinder. I took it apart, cleaned it, repaired some odds and ends, got it wired up and put my first wheel on.
I pushed the spindle power on button, and within a split second I heard a loud bang as the wheel disintegrated and sent all kinds of pieces, small and large, in every direction of my shop. Some of them I still haven't found.
Why did this happen?
I was careless. I used an old, well worn wheel, that was sitting on the grinder when I bought it. I had no idea if it had been dropped, banged, chipped, etc.... other than a very casual (and careless) visual inspection. I also did not "ring test" the wheel. Grinding wheels should have almost a metallic ring when you tap them. Stick your finger through the hole of a wheel, and lightly tap the outside with a wooden hammer handle. If it rings, it's likely good. If it "thuds" it's probably got a crack/fracture in it somewhere, that is likely to propigate at 3600 RPM.
Is this a completely fail safe method of checking wheels and ensuring safety? Not necessarily. But it's better than nothing.
You should always have glasses on when operating the machine, and some even recommend a full face shield when first turning it on.
The second biggest risk is kick out of a poorly secured piece. Turn your magnet on after placing your stock, and try to move the stock with your fingers. If it moves by your finger, it will move by the wheel. Some parts will need to be "blocked" in, or even fixed into a jig or a vise.
Lastly, just don't hog material off, and you'll be ok. I rarely take more than .001" off at a time, and a lot of times, it's closer to .0005. If you start trying to hog off .002 or more at a time, your wheel is likey to grab the piece, or start glazing over. Having the right wheel will mitigate this somewhat, but SGs are precision machines, and not really made for taking off a 1/16th of an inch at a time anyhow...
