Depending on the gun and the magazine, yes--by all means, I would have some concerns as to the reliability of the magazine.
I don't know where you guys get the idea that the springs in magazines are eternal. Magazines holding 15-18 rounds put more stress on springs than magazines holding 7-8 rounds. Springs are made by a lot of different companies and not all springs are created equal.
"There are numerous accounts of magazines that had been loaded, in static condition for many years, and which performed like new when fired."
Yep. You hear about this for one big reason:
it is unusual. You don't hear about the magazines that no longer function after being left loaded for extended periods. The reason for that is because it is pretty normal and not worth mentioning.
Look here
http://www.gunsprings.com/faq at FAQ #5. High capacity magazines and keeping magazines loaded for extended periods cause extra stress on magazine springs.
In addition, ammunition loaded in magazines for extended periods may "take a set" of its own and not feed properly. I've read that arms makers who say it's okay to leave magazine springs under compression also warn that ammunition should be rotated periodically to insure it feeds properly.
When you add all the variables into the mix, I tend to err on the side of caution, especially with a gun I may have to depend on to save my hide. I rotate magazines and ammunition every 3 months or so. I have done this for over twenty years and I have never had any failures of magazines or ammunition during this time.