It's mainly safe for downloading films and similar, but with cracked software I have mostly bad experience - most contain unwanted software or even malware. Also, it's illegal to use torrents, and after all, why not support the developers by buying stuff legally.
Here everyone can register and report phishing websites and e-mails. Safe and trusted.
Before logging in PayPal, always take look on URL bar! There are thousands of websites they look like PayPal login site but they are phishing.
Site is safe, but I vomit every time I eat McDonald's food.