A bullet falling at terminal velocity, unless it weighs a few pounds, is not going to be lethal. That's basic physics, and cannot be debunked or refuted. Mythbusters confirmed it. A bullet of 100 or 200 or 400 grains simply will not have enough terminal velocity on the way back down to generate lethal force, though it could give a nasty smack.
What the doctor on that episode was talking about, and what most people are talking about when they talk about "falling bullets" ARE NOT FALLING BULLETS!! They are bullets fired AT AN ANGLE which maintain their ballistic trajectory all the way home. Got that, monkey boys? This is why firing off the hip into blue sky or at an acute angle towards a squirrel in a high tree, is dangerous. Those bullets, even from a .22LR, can keep considerable energy for long distances and impact in ballistic position. These can penetrate and kill. They are not "falling," they are simply fired bullets hitting a target a long ways off. Go look at the rear tangent on an old military rifle to see what I'm talking about. Consider how far out volley fire was determined to still be lethal.
A "falling" bullet is by definition coming down at terminal velocity and is no longer following a ballistic trajectory. These are no different from anything else falling on top of you at terminal velocity, from coins to tropical fruit. Not too much fun, but generally not lethal until we get to coconut size. Whether we're talking 30 ft. lbs. or 50, it's going to smack but not kill barring some freak set of circumstances. Arrows can kill with that level of force, but only with razor sharp blades on the front, a stabilized flight path and a higher sectional density than any rifle bullet.
They will not reliably kill someone if they hit someone, but they still can. 30 foot pounds in an eye or back of the head or hitting a baby (for the children ) could kill someone. It is definately going to cause property damage. Near where I live many outdoor shooting ranges were closed down because idiots were shooting skeet with rifles(though they have a trajectory at that angle and so were much more dangerous) and people living within a few miles complained of dead animals and damaged property.
A few hundred grains at a few hundred feet per second would be like getting stabbed with a blunt metal rod with 50 pounds behind it for a split second. That would surely hurt and cause damage, and could pose serious danger to anyone it struck in a bad spot on their body. Most airguns do not have 30 pounds of force, and they can be used to hunt with great shot placement. I have taken rabbits with 6 foot pounds and a steel bb. I think that could easily kill someone in the eye or if it happened to hit the spine and damage the spinal cord etc. Especialy with boat-tail rounds as even the rear of them tapers somewhat to a point. So landing rearwards as they have been documented to do can cause serious injury and property damage. Something like a shotgun slug shot into the air has plenty of lethal force coming back down at a couple hundred feet per second.
Birdshot is the only relatively safe thing to be shooting into the air, and it is usualy illegal.