Life is inherently dangerous.
How dangerous is bicycle riding? If I thought it was so dangerous that I'd need to wear a motorcycle helmet to feel safe, I'd stop riding.
I hate to say it, but I'm with Grant Petersen on this one. Let it be a personal choice. My choice is to wear one. I choose to purchase the cheapest helmet that fits me comfortably and properly.
Guess which US city the following picture is from: