As far as I am concerned, this is right up there with warning labels on hot coffee. Anyone STUPID enough not to realize that inserting small noise making devices into your ears, then turning up the volume too loud is bad for you, is a waste of space.
Ear buds can indeed be used safely, you just need to make sure you are exercising common sense when using them with your iPod. It’s really that simple. Sadly, it apparently takes a governmental agency to do our thinking for us as this article clearly demonstrates.
Now this is not to say that warnings should not exist for kids, who might not know better. But outside of this, adults who are unable to exercise a little restraint with their volume controls and realizing that using ear buds for prolonged use is dangerous, is just asleep at the wheel.