Behold The Air Force's Flying Bayos:

Real Caption Reads:
The Air Force's drill team performs during Wednesday's arena show at the 2010 National Jamboree at Fort A.P. Hill in Bowling Green, Va., on July 28, 2010.… (AP Photo/The Free Lance-Star, Mike Morones)
Boq



I doubt there's any former member of the Pershing Rifles who *doesn't* sport a "PR Scar" from a botched toss...
When you go to those things, just don't wear any colors that contrast sharply with the surroundings. Of course, if it's a G-model and it goes dumb and then wakes up and locks up on you in the forced-correlate mode, step sideways just before it hits you...it can't make that sharp a turn.
Which means that if the break occurs on launch, it'll do an inside loop and try to re-insert itself into the launch tube, and with a live warhead, you don't want to be in the same neighborhood.
Best place to observe the consternation is from Low Earth Orbit...
It's been a while since my PMOS was 11H3P, (Heavy Antiarmor Section Leader, for those of you who aren't old enough to remember when 11H was a valid MOS,) but if I recall correctly, the minimum arming range for the warhead on the TOW is 200 meters. The Missile Guidance Set doesn't send the signal to enable the fuse until enough milliseconds have passed for the missile to have travelled that distance.
What got us in the TOW community a trifle disconcerted was that there was one production lot of live-warhead TOW1 missiles out there in the early 80's which had the annoying habit of doing a 180 degree turn somewhere around 1000 meters downrange. Of course, the radical turn broke the tracking-head's lock on the IR flare on the ass-end of the missile body, and the MGS would lose control of the missile, which would then crash and blow up. I don't think anyone ever got hurt by one of those missiles, but there were a lot of guys who wound up having to change their shorts after one of those incidents.