One risk to consider with a 401k loan is what happens if you lose your job or want to move on to a different job. Many plans will require you to either pay the loan back in full very quickly or will consider the loan a disbursement subject to the tax and penalties discussed previously in this thread.
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Current Wantlist:
E92 Nadja - Bescher, Chance, Cobb, Donovan, Doolan, Dougherty, Doyle (with bat), Lobert, Mathewson, Miller (fielding), Tinker, Wagner (throwing), Zimmerman
E/T Young Backrun - Need E90-1
E92 Red Crofts - Anyone especially Barry and Shean
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