I agree that it would not make the calendar if it applied today as a new track, but he keeps on inferring that safety is not a priority in the sport as a whole because of Monaco's presence, which is false, as it is the anomaly among all current and future tracks. A place like Suzuka and Monza are still more dangerous than Monaco.
It must be said though that Monaco has indeed carried out significant upgrades despite the fact that space is marginal. They have reclaimed the waterfront in two places to create more space and improve safety. The chicane after the tunnel was extended over the water to allow for a safer section than the previously flat out left-right flick. The inside of Ste Devote has been opened to allow for a new, and safer pit lane exit. The pool section was pushed back to create more space for the pits and to open up the entrance and exit of the complex, with the barriers being pushed back so there is actually some run-off space. The renovated Rascasse is built on a man-made extension in to the waterfront. Due to the latter two changes it was also possible to upgrade the pits. 10-years ago the cars couldn't even be left in the pits overnight as the ''garages'' were too small to hold the cars and equipment.
It isn't a Shanghai or Bahrain, with massive pits and acres of runoff, but a lot of work has been done there with what is available and due to its low average speed it is no more dangerous than Monza, Spa or Suzuka, tracks that allow for much higher speed. In its entire history the track has claimed four lives, and only one was during an F1 race weekend. Monaco's marshals are recognised as the best and most efficient on the calendar as well. The tunnel chicane is still a dangerous place, Wendlinger and Button can attest to that, but in Wendlinger's case cars have changed radically and in Button's case the chicane's runoff has constantly been improved.