I have used the MP1 tablets while hiking with the scouts. No odor, no taste. Light years of improvement over the old iodine tablets we used to put in water that turned the water yellow and tasted a little funky.

I think all of the warnings are there to protect the company if you are careless and handle the tablets improperly. Kind of like McDonalds writing "hot" on their coffee cups.
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The Seeker