So how much electricity is "safe" since we are trying to insure newer hobbyists remain safe.
So voltage, in itself isn't the problem, it's current. Current causes burns and can stop your heart given a suitable path through the body.
The problem is humans are variable, and so even published, authoritative sources differ on the specific quantity of current which is lethal. Most appear to cite 100-200
milliamps as enough to stop the heart, while some also point out that a current as low as 60mA could cause irregular heartbeat leading to death. The sources I looked at cited a.c. as being much more dangerous than d.c., requiring lower current for fatal result.
So the ideal is as low as practically feasible.
A general approach should be to use known best-practice. I say that because "best practice" usually evolves over a long period of time, and probably addresses issues not immediately apparent. I've been in the Navy and the Army; my Navy time was aboard an aircraft carrier, where the motto was, "Navy regulations are written in blood." That phrase meant that the rules, even the apparently silly ones, are most often the resulting of sailors dying due to unforeseen problems with how they typically did something. The actions following a fatality almost always include changing the regulation to prevent a future fatality of the same type.
Looking at the attached schematic - there is a grounded 3-prong chord with the ground wire bonded directly to the chassis. The so-called "death cap" has been removed. The load current has to go through the filaments of the rectifier, 56r power resistor, power tube filament, through the isolation transformer, then that 47k resistor.
The addition of the 3-prong power cord and fuse have improved matters noticeably in the circuit. The neutral, however, is floated off the chassis by the 47kΩ and still needs a cap across it to eliminate noise as the filter caps are "lifted" off ground by the 47kΩ. If the wall outlet is wired incorrectly, the neutral could be live, negating some of the protecting when the fuse blows; one option might be fusing both legs of the power cord. It is such "improper operation" is what you have to worry about, as well as what "uncommon faults" have the chance of occurring.
The 47kΩ should limit current from 120vac to under 3mA. What happens if the rectifier shorts plate to cathode? 120vac is passed to the filter caps, and I don't know if they'll fail short or open when they explode due to the large a.c. Further, the 120vac is no separated from the top of the preamp tube plate and screen resistors by 3.3kΩ; what if the caps failed short, and the outlet is wired backwards? Fault current is limited only by the 56Ω resistor, and could result in a live chassis if there's not a wall outlet breaker (or insufficient current is drawn to trip the breaker).
By now, I'll admit I don't even know where the dividing line is between adequate and insufficient protection/isolation. Another reason why I assume UL and the like created best practice on the basis of long experience, and I'll simply follow what they prescribe.