All true!Been using that bar for more than 10 years with no problems. Never needed a cheater pipe.
As with all aspects of life, (un) common sense must be utilized.
I have both electric & air impacts, but the bar is my go to tool. Quick, easy, and no cord or hose to drag out.
On the rare occasion where the bar fails, the impacts come out.
But.........Because you never needed a cheater pipe, there has never been a real danger of snapping a bolt or stud off.
It is when raw brute force is applied that things go South!