What Nitrite Does in Meat
Nitrite in meat greatly delays development of botulinal toxin (botulism), develops cured meat flavor and color, retards development of rancidity and off-odors and off-flavors during storage, inhibits development of warmed-over flavor, and preserves flavors of spices, smoke, etc.
Toxicity
The following information on nitrite toxicity is from "GRAS (Generally Recognized as Safe) Food Ingredients: Nitrates and Nitrites (Including Nitrosamines)," 1972. This report was prepared for the U.S. Food and Drug Administration (FDA) by Battele-Columbus Laboratories and Department of Commerce, Springfield, VA 22151.
further info
By Richard J. Epley, Paul B. Addis and Joseph J. Warthesen