actually it is bannable and unofficial FAQs claiming it to be safe are misleading. blizzard turning a blind eye toward something does not make it unbannable.
Use cheats, automation software (bots), hacks, or any other unauthorized third-party software designed to modify the Game experience, including without limitation, mods that violate the terms of this License Agreement or the Terms of Use;
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2b in terms of service (http://us.blizzard.com/en-us/company/legal/d3_eula.html):
Use cheats, automation software (bots), hacks, or any other unauthorized third-party software designed to modify the Game experience, including without limitation, mods that violate the terms of this License Agreement or the Terms of Use;