It's not reasonable for regular people to understand the scale of those risks. I've watched video of a previous paying customer talking to Rush about the risks noted in the waiver, and he downplays it so much, almost mocking the very notion that the risk is unreasonable.
Imagine being told that the gluing of titanium to carbon fiber is a risk, but the guy telling you that is saying it's no big deal - just innovation. How are you supposed to have any meaningful understanding of that risk? Like is it a huge red flag or just a YOLO issue? I wouldn't know, I'd have to defer to the "experts" who I am entrusting my life to.