...I really hate not being able to hear people's tone of voice, but I'm going to assume this is sarcastic.
No, not at all. I thought of it when I received an extremely sensitive military message one time on Beluaterra that was not vulgar in the slightest; and it suddenly clicked for me: somebody was ahead of the game on how to undermine their realm. It's completely untraceable and, even if somebody did pin it to you, as long as you can fabricate some story about your honor being offended or something, it won't be immediately assumed your a saboteur.
It's clearly IC information on both ends. And, it's a fair tradeoff: I can leak invulnerably, but I get no control over who receives, and I risk losing H/P if I do it too much. Basically, it's one tier of betrayal below simply spying, IMHO.