Almost every animation in any webpage uses java, so without java you simply won't be able to see them (for example fancy interactive screens like flash games).
What security risks are you talking about, Fatty Luke? Of course, if you press on every fake scam message that says "you've won $1.000.000! click here to get your money" that requires java to run a java script with virus inside, then yes, it makes you vulnerable. For such dumb people there is a company called "Apple", which prioritizes the security and its job is to tell you that "you dumbass don't click on that link it's a virus", otherwise it expands the capabilities of surfing the web by a lot.