I measured the output of my Magsafe when it's not connected to my MBP: 6.7V. It should put out ~16V when plugged into the laptop.
That voltage is relatively safe, but if the baby chews on it and creates a short, the wiring could get very hot and it could cause a burn.
If you don't use the 3-prong grounded cord, there is some risk of high voltage building up on the charger, and it could be enough to be dangerous if the baby is a good path to ground (if he/she it touching grounded metal while chewing on the charger). I just measured 50 volts between a USB port (connected to the computer's floating "ground") and true ground while the charger was plugged into my computer and plugged into the wall with the 2-prong travel adapter. That's enough to be dangerous. If the Magsafe is working normally, the available floating ground to true ground current should be very low, but if there is something wrong with the Magsafe, it could become enough to give a potentially deadly shock. It only takes ~20mA through the heart to stop it (and probably less for a baby). The 3-prong cable connects the computer's ground to true ground, and any stray voltage is safely carried away, but it's still better not to take any chances and keep the Magsafe out of reach.
The charger could also be a choking hazard if the baby tries to swallow it, and the cord could strangle the baby.
In short, keep your Magsafe out of reach of your baby.
That voltage is relatively safe, but if the baby chews on it and creates a short, the wiring could get very hot and it could cause a burn.
If you don't use the 3-prong grounded cord, there is some risk of high voltage building up on the charger, and it could be enough to be dangerous if the baby is a good path to ground (if he/she it touching grounded metal while chewing on the charger). I just measured 50 volts between a USB port (connected to the computer's floating "ground") and true ground while the charger was plugged into my computer and plugged into the wall with the 2-prong travel adapter. That's enough to be dangerous. If the Magsafe is working normally, the available floating ground to true ground current should be very low, but if there is something wrong with the Magsafe, it could become enough to give a potentially deadly shock. It only takes ~20mA through the heart to stop it (and probably less for a baby). The 3-prong cable connects the computer's ground to true ground, and any stray voltage is safely carried away, but it's still better not to take any chances and keep the Magsafe out of reach.
The charger could also be a choking hazard if the baby tries to swallow it, and the cord could strangle the baby.
In short, keep your Magsafe out of reach of your baby.