This issue here is to supplement #4501 and #4499 towards solving some of the UX issues discussed in #1519.
We should be dynamically adding a warning to any text format that has the "Display any HTML as plain text" and "Limit allowed HTML tags" filters disabled. Something similar to what we are doing with permissions:
Warning: Give to trusted roles only; this text format does not limit the allowed HTML tags and has security implications.
The goal is to discourage site admins from using the "Full HTML" format as a go-to solution for when content editors need to be able to do more things.