The short story of a near-miss.
When we replaced the brake master cylinder a few months ago we thought "why are we struggling with split pins, let's use R-clips" A few weeks later I saw THIS POST from Dan. The alarm bells rang in my mind and I thought I'd best get them changed "fairly soon".
Last weekend I was driving home with a few mates in the car when I lost my clutch. The usual cussing was provoked until I found the cause: an r-clip lying on the carpet under my feet. It could so easily have been the brake next to it and I'd have been out of control with three of my mates in danger, never mind all the other road users. Needless to say, the r-clips got changed out for split pins as soon as I got home.
Do it. Yes, they are a ball-ache to do but 10 or 20 minutes of grief is nothing compared to a life, be it yours or someone else's.