Yeah, I suspect it would. I'm going to use good PPE and do my best to catch as much of the spent power and residue as possible.

IIRC, metallic lead is quite a bit less dangerous than lead acetate. Not sure what precautions one needs to dispose of lead dust, but I do know it can be difficult to properly dispose of spent 'dip'.

I guess at the end of the day there really isn't a totally environmentally sound way to accomplish this.