It's all about personal preference. I'd turn that warning off, if I was using pChat instead of pNames (APIVersion 100007 but still works fine). Having to turn similar warnings off in a multitude of add-ons... no thanks.
If I wanted to run only add-ons updated to the latest APIVersion, I'd un-uncheck [x] Allow out-dated add-ons option.
If I care to run the most recent versions available, I run auto-update regularly, simple as that. In fact I run a script that downloads and unpacks add-ons I have listed in a text file, but only installs those I marked for auto-install, and only after passing Lua syntax check.
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