For 2.0.4 I am not planning to change the wording. We're effectively in string freeze already.
This dialog only appears for people with plugins, and I think the OK and CANCEL will be good enough. OK will work if there are no problematic plugins.
It is way better than not being able to use Audacity.
Sighted users additionally now have ability to choose which plugins. VI users don't yet. That can come later - after 2.0.4.