The guy that fixes an unexploited critical remote code execution or privilege escalation bug is no less (and no more) a hero than the guy that unearths a file-system bug silently corrupting data.
So in my opinion he's right: both are equally important, as you cannot judge of the importance of each one on purely speculative and gross domain grounds. A potential is just that: a potential, until it gets real. Both cases can be mitigated or prevented by applying similar strategies (redundancy, layered checks, ...).
On the other side of the spectrum, a good bunch of Intel video cards have been crashing randomly (ranging from seconds to hours) since years and it affects a good deal of people which have to revert to vesafb or fbdev, or dismiss Linux entirely, right now. Another one is the issue introduced at some point that makes kworker eats up a chunk of CPU for no apparent reason (from 10% to 100%), resulting in useless wakeups and processing, raising power use by 1 to 10W. Multiply that by the growing number of Linux systems using 2.6.35+ and you get quite a bunch of watts that should have never been produced by power plants nor paid to energy companies by the machine owners. It happens right now with real, tangible effects.
I'm not dismissing security bugs, but put things into perspective as things are not black or white, and every single bug matters.