Just riffing off of some of the stuff mentioned in this thread -
To quote a former employer (after I really sh*t the bed) - "Dumb Mistakes. We all do 'em sometimes."
What I had just done was fairly stupid, but it came at the end of a long and pretty hectic day. Despite having a little bit of a short fuse he wasn't too upset with me because it was out of the ordinary - a lapse in judgement made in a rush.
Thankfully that occasion was expensive but not threatening to anyone's safety. I'm sure I'm not alone in saying I've seen otherwise intelligent, competent people do dumb things here and there.
You shouldn't rely on cell protection alone. It's a important to follow best practices, and super important to build good habits. If you're always watching out for overdischarge, taking care to charge and store your cells properly, etc, you're more likely to do that when you're tired, stressed, or under pressure. That said, when you are tired, in a rush, stressed, multitasking, whatever, the extra layer of protection isn't going to do you any harm.
So, although I agree with some of the previous comments that a protected cell can't be relied on to keep you out of trouble, I will say that in a work light, or an emergency light, protected cells? Hell yeah.
It's also much easier, if you should have an accident, to convince the safety authorities, your boss, the flashlight company, whoever it may be, that you were doing everything right and it's not your fault/they should warranty your light if you were following best practice and using safe equipment that's in good shape. If I have the misfortune of blowing up a flashlight at work I want to be able to tell them I was using cells that were appropriate for the light, with protection, that came out of some kind of case. Not that I pulled some unknown-quantity vape store cells out of the bottom of my friend's bag and threw them in.
So, for a hobby light or one that's used in carefully controlled and predictable circumstances unprotected cells are probably just fine. (No knock on hobby lights btw, just pointing out that it's a different use case.)
Would I want to worry about that in an emergency? No. On the clock? Probably not.
If you feel that the extra layer of protection is going to be a good idea for your usage, absolutely do it. Just don't forget that good habits and some knowledge are even more important.