*That* is a bit too much, don't you think?
That's overstating the case a little bit. Properly installed and maintained, aluminum wiring isn't substantially more dangerous than copper. The big problems with aluminum are that properly installing and maintaining it *is* substantially more difficult than doing so with copper, and that IMproperly installed and maintained aluminum wiring is a hell of a lot more dangerous than improperly installed and maintained copper wiring.
Having said that... given the choice between two otherwise identical homes, one wired with aluminum and the other with copper, I would unhesitatingly pick the one with copper, unless the difference in price were sufficient to compensate for the expense and hassle of replacing the aluminum wire.
But that's mostly because I've seen the kind of dumbass things homeowners do with their own wiring. If I knew that the aluminum system had been installed and periodically checked by a pro who knew what he was doing, and never molested by anyone else, I believe I'd rather have that than a copper system that had seen three or four decades of mods by clueless homeowners.
Just the same, while it's always prudent to have a sufficient number of working smoke detectors in any home, it's probably more important if the wiring is aluminum.