In poking around some old threads here as well as elsewhere on the web, the responses to the question 'is it safe to do this?' fall into one of three categories:
* No! Your house is going to catch on fire.
* I've been doing it for years. Don't worry about it.
* It creates extra wear and tear on the console and may reduce the age of components.
There is a separate consideration that I haven't seen answered anywhere (thus the reason for this thread). Has anyone investigated on a console by console basis (this may extend to specific models, I'm not sure), whether specific ones are internally rated for the wider range that spans both Japanese and US voltages? Knowing for example that a system's power supply was internally rated to handle 80V to 130V would imply that a step down conversion is totally unnecessary.
The answer to this may be no, but I have to believe if console designers could reduce permutations a bit, they would have. I also recognize this whole pursuit doesn't help friends in Europe and elsewhere.