Only real danger I can think of is breaking down in the middle of a major highway and not being able to get out of the lane of travel. I would think the electric power steering and brakes would still function normally. Or something like you are suggesting - stalling mid turn in front of oncoming traffic. But there are a lot of vehicles with higher engine failure rates that never had safety recalls.Thinking about it, it is a little bit surprising that the V35A engine failure even "qualified" as a safety recall. I wonder if the NHTSA would even have gotten involved had Toyota not done the voluntary recall.
Anyways, I could be wrong, but I don't think the fact that you could break down far away from home or in a remote place plays into the safety aspect of the recall.
"Loss of motive power" at high speeds was the reasoning... so, the driver just loses the ability to accelerate? Is electric power steering affected? I'd assume not and you'd at least have a shot at pulling over before losing momentum. Braking, other safety systems (BSM, hazard lights, etc) should all continue to operate fine?
The "high speeds" scenario doesn't even sound like the worst case. People dramatically slam their brakes on the highway all day, every day.
The biggest risk scenario I see to simply losing acceleration is probably something like making a left turn on a green without the arrow, losing the engine just as you initiate the turn, leaving you slowly coasting to a stop stuck in the lane of the oncoming traffic.
I would be curious if there have been ANY accidents as a result of the 824 documented failures - let alone a crash with injuries or fatalities.
My 4Runner had a recall for the fuel pump. I think that's in the same category that a failure would be a no start or a stall while driving. Annoying? Sure. Safety hazard - pretty remote chance of an actual injury resulting from it.