So you would consider what could be over a hundred £Ks worth of damage caused by a half arsed electrical installation as "relatively minor"?
Its not a crisis, but its a plausible result of a poor installation, so why encourage it? Its not like it would make much difference to the cost to actually work out the size of cable required and use it.
Even a numpty guideline in a DIY book could have a table of cable sizes against maximum load.
Personally I really can't get into that "any old crap that is not immediately and obviously lethal will do" mentality...
YMMV
Which helps, but its not a substitute for earthing.