Refractordude,
No, not dangerous because you only look at the spot on the mirror, and you don't let the beam reflect back into your eyes. This is only a risk if the primary mirror is way off collimated.
If the scope is anywhere near collimation, the beam will reflect back to the secondary and towards the focuser. It should not miss the secondary and go into your eyes.
You adjust the secondary to centre the spot on the mirrors' centre mark, then adjust the primary to centre the reflected beam to the centre of the 45 degree angled projection area up at the collimator in the focuser.
The main point of failure is if the laser is not centre collimated. Turn the laser in the focusser and its image on the mirror should not move. If is traces a small circle, the laser needs to be centred.
Joe
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