There is no danger in oiling the bearings, so long as you use a good quality machine oil. The danger highlighted here is in disassembling the motor to get to them.
In most cases it's a non-issue, since you can get to the top and bottom bearings with nothing more than removing any prop/spinner and/or removing it from the firewall. Even then, in many cases it can be done on the assembeld airframe.
If it's that simple, a drop on each every dozen or two flights. If it's not that simple, I'd skip lubricating it -- There's not that much added benefit for the risk of damage durring disassembly.