WE use it for everything. Don'treally pay attention to tags and don't have any problems. More ironing if they sit in the dryer too long once dry but if i get stuffout straight away it is perfect.
I actually don't like the smell from dryer dried towels.
We are in the bad habit of using it pretty regularly simply because we had no choice back inour uni and sharehousing days so i guess we became quite lazy. I also find it hard to complete with weather and full time work hours etc.