a minor correction... in the states it's actually 2 parts per billion (and in the eu it's 1 ppm, last i checked). the us standard is definitely to protect peanut farmers.
but, as a biologist myself, i would speculate that either of these standards is sufficient to protect public health. yes, there is no level of such a serious carcinogen that has truly no effect, but i'd expect it's safe.
such levels are easily attained by proper drying facilities, even in humid areas, as i can say from personal experience.
care to share what *kind* of biologists you're asking anyway?