Thank you for the comments JCJC & Hotshot III, Both attached articles have made good reading and definitely given me a good insight into these batteries.
From what I have heard and read it just seems that as long as you don't misuse the batteries and apply a bit of common sense then they should be fine.
I still feel a little bit apprehensive about having them in the house, so I think until I am more confident using them, the garage for me is the best option.
I guess for race meetings (practice, three heats + final) then one pack should be sufficient. What rating or battery capacity would be the norm for a race day?
Also would the HPI reactor 500 charger be ok to look after charging, balancing and storage of the batteries?
And thank you guys for your help with this.