Hi, it's your paranoid shop-teacher here.
UNSAFE. Allowing a cell to bloat and breathe defeats the whole purpose of the safety vent, which is manufactured / calibrated to open up at a specific psi and allow for venting in a *controlled* manner in case of a catastrophic event.
That catastrophic event is usually overcharge from some sort of failure, or as you've indicated, if that upper conductive shelf comes down on the bare terminals. Maybe cut up some plexiglass sheet for a top cover.
When the cells are allowed to bloat, if a catastrophic event occurs, the swollen cells have defeated the calibrated psi opening of the vent, and if the event continues, instead of the vent opening, a major case failure of shrapnel, or even a cell terminal can be blown off like a bullet. You don't want to be around that.
Heck, even lead-acid agm's come with those calibrated vents. And of course all the cylindricals of any li-ion chemistry.
< Bell rings > Ok you kids, get outta' here, I gotta' another class coming in....