"access to entire home folder"
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One of the App Store reviews says that Cookie 5 wants "access to entire home folder which is insane..."
Uh, what does this theoretically mean and based on that would it be considered insane by the average person? -
can you elaborate on the potential consequences? the OP asked about that and I'd be curious to learn as well.
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this means that Cookie can alter(delete/change) any file in your home directory.
I guess if somehow your copy of Cookie became compromised in some way, bad stuff could happen...this is true of any app which requires broad access permissions - virtually any Utility type app.