I looked it up, and none says such a thing. The general direction of conversation is that people do not understand what Almelexia would want with such an item as well as that the Band is powerful and only a god can use it.
Yeah, I had forgotten some of that but the gist seemed to be what was said earlier. Even so on my only playthrough I didn't want to give her the ring because of the warnings, and finding no other way to continue I eventually looked up what to do online.
Ayem herself also smooths it over when you ask. "I will use the ring as I do everything...to serve the Temple and all of Morrowind."
Which you'd
have to be gullible to believe.
Now this deception is spun out over several quests, has sufficient complexity, and a background in the greater setting. So you can not honestly consider this equal to the the petty betrayals in Oblivion.
Same ballpark, but you're saying spreading it out more means you're less dumb for not seeing it earlier? You don't have to know everything about the situation to know you shouldn't do something. You're trying too hard.
So? The world would be better of if half of what the Nerevarine might have been carrying disappeared forever.
Sure.
Now Mero is only one of the people who comments on the mazed band and the others are far more neutral. The strongest point of fear also seems the bands ability to open gates to Oblivion, transportation is just something uninteresting it also happens to do.
Considering it's all guesses, why take the chance on giving it to her? You can't trust a god who can't turn on a weather machine.
So at this point, knowing that Ayem has taken care of the people of Morrowind for several centuries, what reasons do you have not to give her the ring?
I didn't believe that at all when I played through, I thought the Tribunal were frauds and Almalexia was needing a battery boost to her power. I was in favor of Helseth and did his quests first, so I wanted him to have the powerful ring.