I have been using Lipo's for years on many different projects, ROV's, Drones, Rocketry,Robotics. A good smart charger will take care of most overcharging concerns. I say most because there is always the possibility the charger itself has a failure which allows overcharging. I have run several Lipo's way below 3.7 volts per cell. The only issue I have had is the smart charger recognizes the voltage is too low and will not charge the battery so I throw it away. Be aware of the C rating for Lipo's. For most of our rocketry needs a 200-300mah Lipo with a C rating of 10-20 is more than enough. The main thing is to get the voltage right. 1S 3.7V, 2S 7.4v, 3S 11.1V. When when fully charged the voltage of a single cell is 4.2V so a fully charged 3S battery will actually deliver 12.6v. I like Lipo's lot's of power for very little weight.