Why not
It's very easy to accidentally clobber something like that. The only reason regulators haven't come down like a ton of bricks is the amplitude on PiFM is really too small to be very harmful - you're unlikely to mess up anything beyond the range of your own home, maybe your neighbors. If someone with a little knowledge tried to hook it up to an amplifier however, they're gonna have a bad time real darn quick...
> In most countries, transmitting radio waves without a state-issued licence specific to the transmission modalities (frequency, power, bandwidth, etc.) is illegal.
Or as the old saying goes, "If no one else can hear you, they won't know you're saying anything."