I had a science teacher that did this in class, then taped a match on the end of a yardstick and held it under the balloon. They made quite a bang. I wouldn't want to be right next to it when it went off.
Yeah I've seen that demonstration in school too. But if the teacher was willing to do it in school, with kids, how dangerous was it really?
Was there an experimental control?
How does that bang compare to the bang from an equally-inflated balloon full of ordinary air?