It's not dangerous if you understand what you're doing and have a good reason. Audio is a fine art, not limited by National Electrical Code. Rollo is just recommending the buster as a tool to look for design flaws. Product engineers are not always as insightful as audiophiles.
You don't want to leave your equipment powered through a ground buster though. You would lose the safety ground which activates the circuit breaker with or without neutral.
I understand what I'm doing, and that's WHY I don't recommend it. The assumption for audiophiles that they exist outside the laws of physics and common sense, is amazing to me. Manufacturers ground, and polarize their equipment for very good reasons.
What would be the point of this exercise if not to eliminate the ground and polarization if it's thought that doing so would result in some "improvement"? It's best not to even bother looking. And you could have a problem from just playing with it. You never know.
First of all, fuses and breakers in a unit are almost always on the hot side of the power supply, so that if they break, the equipment will be rendered safe to touch. Otherwise, the entire chassis, often including metal knobs, faceplates, covers, etc. can be hot, and touching that while touching a grounded piece will send the current through your body. Nasty stuff! Refrigerators are grounded for good reasons. It used to be that if a problem occured, and someone was touching the fridge and touched a grounded part of a sink, e.g., any metal part, they would get electrocuted.
Removing a ground from equipment that's designed with one also eliminates the safety. In that case, chassis ground and circuit ground are two separate things.
Some manufacturers, such as my Bryston, have a ground lift switch in the back, but, they design the equipment to be safe either way, though the ground does add an extra level of safety to the product.
Even if you don't worry about the danger to health, you should know that in the case of a line surge, the equipment may no longer be protected.
There are safer ways of doing this, though they are more trouble, and may cost some money.