Just a further point to add:
Many things will undergo rapid reactions, and therefore be inherently dangerous, but methyl iodide is toxic and carcinogenic.
The reason for this stems directly from its susceptiblity to SN2 attack by nucleophiles, and is the same reason for a large number of potent electrophiles also being toxic and carcinogenic, namely the fact that it will readily alkylate your DNA causing mutations and all sorts of nasty things in your body.
Something to bear in mind when using it....