I want to create a couple of PHP blocks with me as admin only have the ability to edit
From http://drupal.org/node/1046700:
Important note: There are security considerations in enabling the PHP filter module. The PHP input filter introduces the possibility for malicious users to attack your website with malicious scripts. You should only grant permission to use the PHP filter to people you trust. Also, make sure those you grant permission to are competent PHP coders as malformed code can break your website and stop it functioning altogether. It is a good idea to create a separate role for this module (and other potentially dangerous ones) like 'developer' or 'webmaster', distinct from 'administrator' who may be a Drupal expert but not an expert coder, so you can grant it only to those who fulfill such criteria.
Does this mean there are risks from external attacks, or am I good to add PHP blocks for my use only?