It seems the main dangers the anesthesiologist needs to watch for are those caused by the anesthesia itself, so going without it entirely felt like the safest option to me. And since I wasn't drugged, I could drive myself home and resume normal activities immediately. I suspect far more people could skip sedation for this procedure, and any risks (for example from some patients panicking) are likely outweighed by the extra care taken when a patient is a conscious observer.