the gun is not going to blow up or the bolt magically shoot out the back of the gun if overloaded (impossible, as the bolt is confined in the action, the firing pin extension hole in the frame isnt large enough for the bolt to fit through).
Well, not quite. With the old design, it was fairly common that the firing pin extension would indeed shoot back out of the frame if the gun fired out of battery. It has happened many times. Not the bolt, the firing pin extension. The only thing keeping the firing pin extension attached to the bolt in the old design was a pin about 1/16" in diameter. If the gun is allowed to fire out of battery, in other words before the toggles were lined up, recoil can drive the bolt back with great force. The toggles fold, and the lever jerks forward. I was at a match one time where an out of battery discharge happened. When the lever slammed forward it broke right off, stinging the shooters hand. In the worst case, the bolt can fly back with enough velocity that when it stops against the frame, the firing pin extension keeps right on going, shearing off the pin that secures it to the bolt. Right out of the frame. In this situation, just about the only thing that prevents the firing pin extension from going right into the shooter's eye is the fact that it hits the hammer first, deflecting it up towards the shooter's cheek bone.
In this photo, the cylindrical piece sticking out of the rear of the frame is the Firing Pin Extension. It serves two purposes. The hammer strikes it to fire a cartridge. Then, when the lever is worked, the Firing Pin Extension comes back and cocks the hammer. That is what this photo is showing. The lever is all the way forward and the Firing Pin Extension is all the way back, having just cocked the hammer. The Firing Pin Extension is a smooth cylinder. The only thing retaining it in the frame is that 1/16" pin. If bolt thrust shears the pin, the Firing Pin Extension will fly right out of the frame, towards the shooters face.
Because of this, Uberti changed the design of the bolt a few years ago. On newer guns, the 1/16" diameter pin is gone and a tab very similar to the original arrangement with the Winchester 1873 keeps the firing pin extension in position. It is an improvement because it is stronger than the pin arrangement.
Of course, a while back many shooters were removing the Lever Safety from their guns. The Lever Safety prevents the trigger from moving until the lever is completely closed and the toggles are lined up. This is not a new lawyer driven idea, the originals had the Lever Safety too. The Uberti Lever Safety uses a very stiff spring, and it takes so much 'lever squeezing' to fire the gun that a lot of shooters removed them. Without the Lever Safety in place, Out of Battery discharges are more likely. Fortunately there are now replacement springs available which allow the Lever Safety to function as intended without needing so much 'lever squeezing'.