I sell these to people on a daily basis at the hardware store I work at. They are in no way dangerous because of the amounts of Mercury in them.
The lighting is the same, if not better than an incandescent. I've got them lined up next to each other behind some tinted Lexan and you can really tell the difference.
They will only last the labeled amount of time if they are inside and pointing up. If they are outside, subject to cold/wet weather then the lifespan decreases significantly. If they are hanging upside down, same goes for that. However, the amount you save over a longer period of time outweighs any negatives.
I recommend everyone replace their current bulbs with these, when they go out.
*Be on the lookout in the next 3-4 years for LED light bulbs. I've got a test model that has, i think, approx. 100 LED's in it. It's big and bulky, and retails for $65/each. LOL. They're cool, though, and will last a minimum of 10 years.