Why do you describe it as unsafe? The tricky balance between too wet and too dry?
Exactly.
In a truly wicking pot, the reservoir is always below the substrate, and the water only rises by capilarity. Here, the water level might reach one third of the pot, saturating it with water. This is unsafe because it removes the air and makes rotting roots an issue. But as long as I let the sustrate to drain now and then, it seems to be working.
There's a especially risky moment, once the reservoir is empty and before the substrate dries completely out, when I have to check regularly if I have left it draining long enough. These summer days it is so hot that I only have a window of a couple of days between an empty reservoir and a completely dry pot. No wonder they all died before I started using these kind of pots.
Oh, it helps inmensely if the plant is draught resistant, so it doesn't die in case that the sustrate dries out completely. Refilling the reservoir is usually enough, since the water will rise by gravity, not capilarity.