Truth is none of us know what the risks of fleximagigs really are.
We go on personal experience and hearsay. The plural of anecdote is not data.
If we had access to total estimated flexible hoses installed over a ten year period - biggest sample size possible plus total estimated bursts, referenced against instances of poor installation, it'd make for some interesting reading but I bet we'd all be suprised at the figures one way or another just because we don't know.
What percentage of 100,000 moderately improperly installed flexi's (not massively snaking or twisted) will burst within ten years? Guesses on a postcard.