the guy who put usb wifi and bluetooth inside a C1000 found he could increase the power available to the usb port using a resistor... the risk is as much from heating and/or burning a track on the PCB as anything else.
personally, I'd use a battery-powered hub (hmmm, really, you just need one with rechargeable battery or ultracapacitor than recharges from usb bus, so it will handle peaks of current?). I see figlabs have a nice usb external hard drive which is rechargeable, and probably ideal for many people.
on the subject of external hard drives, I note that Asus (used to) do a usb/wifi hard drive which runs samba... ideal to put in the car, sync your MP3's to it when you get home, and stream audio from it using your Z!