Conflicting notions regarding WiFi security ...
• If one has enabled a firewall and prohibited file sharing, security should be 100%.
• General caution never to conduct sensitive Internet actions (such as financial transactions) when using public WiFi (such as in Internet cafés and libraries).

So, which is it? Or does the question require further definition to arrive at a consistent answer?
It'd be nice to know the specific/exact parameters for securely using public WiFi without having to worry.