I heard a youtube reviewer say that once and I was furious.
Nicotine restricts your vains and causes damage to the cell structure. It's certainly not a safe substance but it's 'OK' when compared to other components in cigarette smoke. But I do agree on the burning: that's a chemical reaction which creates new components or radicals as opposed to vaping which is a physical process (unless you take it above certain temperatures that cause decomposition of flavourings or burning of your cotton).
So don't just think that we're safe now that we're vaping. It might be 95% less harmful than cigarettes but there's still that 5%.