I have not had it catch fire yet. At the end of the day the hotend in any printer is basically a soldering iron, so you can't really leave it unattended. Marlin's hotend runaway detection seems really good (good thing too, I tried running it once with the heating cartridge uninstalled). I have however had plastic char on the outside surface of the hotend and I don't trust the power supply with my life.
I am just in the process of fixing that sort of issue on my Mendel90 too - the fan shroud for cooling the hotend and the part (Mendel has only one fan for both things) has cracked and the back was touching the hotend. So it is nicely melted and charred now and I have found that only by accident while doing some unrelated periodic maintenance (cleaning, oiling, etc.)

Bullet dodged ...
Really, don't underestimate these risks.
Sorry, I’ve given the wrong impression. I do like tinkering it’s just that it sometimes seems like you have to be a genius just to get one of those little boats printed; I’m probably exaggerating.
Well, one certainly doesn't need to be a genius. However, if you expect a 3D printer to be like a regular paper printer or a coffee machine that you just turn on, push a button, wait a bit and a good part comes out, you are in for a very steep learning curve and a rough ride.
Even the 1000€ Prusa machines (which are otherwise excellent and have a first class support) or 3000-5000€ Zortraxes require maintenance ("tinkering"), setup and an operator who has a clue and isn't just winging it, thinking it will be all fine. With the cheap machines like the various Creality CR10s and Enders it is even worse because corners were cut and things wear out or break faster (or weren't even working properly to begin with). So one has to invest time and money into "tinkering" to get (and keep) them working.
That's the same thing as with cars - if you don't maintain yours properly and drive it like an idiot to boot, it will not last long and it will fail you at the worst possible moment (or you kill yourself in it). It used to be a completely normal thing that a car driver carried a box of tools and spare parts in the boot in order to fix the inevitable breakages on the road. These days most people don't even know how to replace a blown lightbulb or change oil - but that doesn't mean it doesn't need to be done, only that they have to pay a mechanic to do it for them.
If you are comfortable with mechanical and electronic work and don't mind having to spend time working on your machine, then the cheap printers like the Enders could be good investment (and a lot of fun too). You could even build your own printer, whether from scratch or a kit (like those Vorons or various RepRap machines).
However, if your goal is to use it as a tool that has to work whenever you need it, reliably producing good parts and you don't want to spend time on the machine itself (which is totally fine!), you better add a zero (or two) to your budget - or use a printing service, letting someone else deal with the problem for you.
You need to decide where between these two extremes your comfort zone and needs are and shop accordingly.