Battery life will definitely be shortened under this scenario
and you may experience premature failure of voltage sensitive
equipment.

Exactly my point.
Based on everything I was taught, you should be right and that is exactly whats
NOT happening. NONE of those things have happened in two (almost 3) years now.
I intentionally let it go hoping something would burn up or die thinking I
could then solve this. I have not had anything burn out nor have I added any
water to the battery!