I know exactly what you mean chakka35.
I think back fondly to those days of playing around with ammonium carbonate, ammonium chloride, nickel sulphate, cobalt chloride and the many other chemicals in the umpteen "Merit" chemistry sets I went through.
I spent almost a morning last week looking for a rare and expensive chemical in the main chemistry stores at my university - I've walked around smaller villages. I knew the chemical was there somewhere even after the stores men couldn't find it on their computerised inventory lists. While I was hunting around, I looked at some containers of the very substances I played with as a boy. The hazard warning labels on some of these containers nowadays is downright frightening to say the least. All the same, I'd be the first to acknowledge that we need to be aware of these things.
I often think of the "stink bombs" I made all those years ago. Nowadays, experiments using hydrogen sulphide gas, the key ingredient, has to be confined to a fume cupboard or area of high automated ventilation due to the toxicity of the gas.
I don't think we were ever "safe" when using these chemistry sets despite the fact that the experiments were all said to have been vetted by a man with letters after his name - at the time we simply knew no different.
The other thing that comes to mind about all this is that years ago, the carcinogenic properties of chemicals was largely unrecognised. Yes, we knew about Benzene and its relations, but not many others. As for teratogenic effects, forget it.
Count yourself lucky that I didn't know you had nitric and sulphuric acids in your chemistry set - I'd have hunted you down to get my hands on those! I had to resort to tipping out the contents of old car batteries!