If you connect the negative terminal of a Class II (isolated) wall-wart-type power supply to the neutral of the mains circuit feeding the wall wart, will that cause any damage or hazards that I should be aware of, besides the wall-wart's + terminal being considered a "live" mains wire at that point (as its now mains-referenced)? Would the results be different if a switching wall-wart was used instead of an iron-core one?
Update: this application is being wired to the interconnect circuit on hardwired smoke detectors, which is the reason it's neutral-referenced -- it seems that all interconnected hardwired smoke detectors use the '9V on interconnect wire with respect to neutral = alarm' convention -- this only works if your supply for this is neutral-referenced. Obviously, this'd be in a sealed box where wayward fingers, tongues, etal couldn't get at it, and I was planning on removing the barrel plug anyway as it's a hinderance to chassis wiring.