[rcyeh]

Not a lawyer, but liability waivers may not apply if there is determined to be gross negligence or recklessness.

Making a reasonably-designed API available, only if connected to an inaccessible network, doesn't sound dangerous, but the goodwill gained might be hard to weigh against a miniscule chance of malware, which would revise everyone's opinion of the degree of negligence or recklessness.