I wouldn't say it is not toxic. Even if acute or lethal it is still toxic. Found a few places for example that listed 96 hr, and 24 hr Lc50's. Which 50% of test subjects died within that time frame. Most are similar from 5 to upwards of 3000mg/L where 50% are dead in that time. That is marine fish. The safer ranges from less than .5mg/L to 15 mg/L for inverts and less than 5mg/L to 50mg/L fish in one article. Safer though still toxic. I have seen on here some that let it go to over 10mg/L. Saying one would never get to toxic levels is just false. Temperature matters cold water species are much more sensitive. To add when the temperature rises the toxicity increases to nearly double in most at usual aquarium temperatures because the fish need to take in more oxygen. It is also another unknown in common kept fish whether some fish take more nitrite via their stomach than through gills. Which would negate the effects chloride has on making nitrite absorption rates into body safer. Not to mention other variables or chemical reactions that increase toxicity as well as side effects caused even if they did not die. Some of the places I found only listed a few commonly kept fish and inverts. None were very comprehensive lists. Realistically would one want to risk a several hundred dollar fish to a possible 50% chance of survival right out of the gate without solid data? Even risk a 15% chance on top of all the other probabilities? Whether it be interfering with biological functions, increased susceptibility to disease/parasites or outright death. I would be a lot more convinced if anyone can find me Lc2's (2%) or lowest observed adverse effect levels/concentration. I would like the greatest chance of survival, long life, and good health for my pets. Until then I will personally test and control nitrite when cycling new or dealing with die off cycles.