Shorting any battery will cause it to heat up, but lithium is a potent alkali metal. It reacts violently (as in fire and possible explosion) with water. The moisture in your skin will do just fine. Contrast this with other battery chemistries such as nickel-cadmium, which are practically benign by comparison.
Here's a great video illustrating the results of dropping bits of various alkali metals in to a bathtub full of water:
It does appear that Lithium's reactivity with water is has much more energy release potential than the battery itself does, but from a bit of reading around on the all-knowing internet, this reaction is supposedly fairly gentle. "Lithium's density is only about half that of water so it floats on the surface, gently fizzing and giving off hydrogen. It gradually reacts and disappears, forming a colourless solution of lithium hydroxide."
Seems to me that if you physically abuse a battery, it's going to release the energy that it has stored. The only way to really avoid that is to not store so much energy. Or are there battery chemistries that can take abuse without releasing their energy?
It's the runaway reaction that makes Lithium ion batteries less safe. They require pressure vents and special circuitry to make them safe as they short out if fully discharged after which attempting to charge them is unsafe.
The thing with batteries isn't just the amount of energy that they contain, but that it comes entirely pre-mixed and ready for instantaneous release.
As far as normal batteries withstanding physical abuse, I don't know. I certainly wouldn't try puncturing or badly overheating a regular battery, and wouldn't be surprised if such treatment caused it to release what it has. I could, of course, be wrong.
Here's an article about it happening:
http://www.wthr.com/story/15008952/13-investigates-exploding...
Considering how much more common standard batteries are, you can assume it is indeed pretty rare.
As for the energy density of sugar you're right that they're not really directly comparable but yeah I think it is more energy dense. Actually, wikipedia has a nice table for it:
http://en.wikipedia.org/wiki/Energy_density
I think we're actually in agreement here. My whole point was that the chemistry of how the energy is released is more important than the energy density.
http://www.badscience.net/2006/07/brainiac-fake-experiments-...