a leaky petcock will not result in explosions and burned torsos drewcifer... Relax. It's not C4.
Gasoline is very flammable, yes. However, an explosion is only achieved when a perfect mix of air and misted gasoline is ignited. First of all, there won't be any misting of your fuel if it leaks out. Second of all, how are you going to ignite it outside of your cylinders? There's no spark there, nor is your engine hot enough to ignite gasoline just from coming in contact with it. If that were the case, a hot engine wouldn't require a spark anymore. Lastly, achieving a perfect air-fuel mix is hard. That's why we have adjustable air intakes, fuel mixture screws etc. on our bikes. That doesn't just magically happen.
And petcocks are not made from epoxy based solvent putties, not because it's not effective, but because these kind of things are just too expensive to make bikes with. Base materials like metals are really cheap when you're producing in mass like our bikes were. Think about it. Glues, resins, epoxy, all those kind of things you never see in anything mass-produced. Instead, things are screwed, clamped, or attached mechanically in another way, or made from cast aluminium or other metals, even when these glues and epoxys can do a better job.
If I can advise Scorps anything, it's just be sure to use something that doesn't soften when in contact with gasoline, cause then it will start leaking again sooner or later.
Yes, of course a brand new petcock is the safest, most reliable option. But I don't think there is anything wrong with Scorpio's low-budget fix either.
Don't try to scare people when you don't know what the dangers actually are.