i have had one pot fail due to over current, they wil stay working at high resistance, but dialing it down makes the current higher and higher until it started to smoke and it burned the track cleanly off... its now a switching pot, haha and one of the terminals has only a function as a switch when you travel past the dead spot. the outer terminals read 381M ohm, while it used to be a 10k
the lesson here: use a stopper resistor and don't play with high current sources when you are tired.
cheers, Iain