It is not a bad idea per se, just harder to do vs. non-human waste composting. Temperatures have to be more tightly regulated and obviously the handling of the raw waste carries an increased risk for workers but it is not working with dynamite levels of risk, it is relatively safe.
You seem to be more knowledgeable on the matter than me, do you know how long parasitic worm eggs or protozoan cysts need to compost in the worst case before ceasing to be viable?