Hutch
There is nothing inherently unsafe or unstable about LiPo batteries. If you mistreat any power source then it could turn round and bite you. Many modellers have for years been abusing battery packs by overcharging or over-discharging them; by using motors which draw excess currents from them; by physically abusing them or neglecting to store them properl or, where, appropriate, keeping them topped up. NiCAD and NiMH cells are perhaps more resistant to this type of abuse than LiPo cells, mainly because of the sheer amount of energy stored in a LiPo pack. If you abuse a cell with a high energy density then its ultimate demise is bound to be more spectacular. My point is that it's not the type of cell which is the risk – it's more the type of user.
As regards the comparison between LiPo and LiFE, this video does a better job of explaination than I could **LINK**
Hope this helps.
Dave M