If reloading a belted magnum, it is a good idea to adjust your sizing die so that headspace is controlled by the shoulder, not the belt; treat the case as if it were rimless. By doing this excessive fireforming of the case is eliminated, and case life and accuracy may benefit.
Bob Greenleaf designed the current version of the Savage 110 action. Brewer designed the original version. Bob experimented with excess headspace in a .30-06 110. With the barrel locknut system, it was easy to adjust the rifle with increasingly excessive headspace. All firing was done under controlled conditions, with factory ammunition. As long as the extractor held the cartridge against the boltface, the rifle fired and the case fireformed. He finally stopped when the rifle just wouldn't fire, because the primer could no longer be indented by the firing pin. The barrel had been unscrewed over one turn. There were no case failures, no gas escape, nothing. Cases would have been ruined for reloading, of course. The ammunition used was fresh commercial. If old, brittle, handloaded, etc. ammunition had been used, there could have been case separations.
IF a case were driven foreward by the firing pin, held foreward by pressure, and the case failed when the head was driven back to the boltface, gas could be released, which could be harmful depending on the design of the rifle. Excess headspace doesn't increase chamber pressure, but could result in release of gas. I am unaware of any lug failure being caused by increased backthrust on the bolt resulting from the casehead slapping back against the boltface.
Badly flattened primers can result from excess headspace, but are not indicative of excess pressure. The case is driven foreward, pressure builds, the front of the case is locked in place, the primer is driven back against the boltface, the case stretches, the casehead is driven back to the boltface, and the primer gets squashed in the process. If the primer is left standing proud, this suggests excess headspace coupled with insufficient pressure to stretch the case back to the bolface.
There are numerous rifles in regular use which would fail gauge tests. Lee Enfields are a case in point. It is not unusual to find .303 brass showing signs of incipient separation, even when fired in rifles which are still in service. This is why .303 brass should be very carefully inspected before being reloaded.