Should I use my microwave's 'popcorn' button?
A better instruction would be "do not rely entirely on the functionality of the popcorn button on your microwave, since microwaves vary widely as do bags of popcorn." But that's longer, and kind of complicated, so they abbreviate it "do not use popcorn button".

There's no problem with the power setting of the popcorn button, only with the timing. You should hang around near the microwave, and when you hear the pops slowing, stop it, no matter what your popcorn button thinks. And if you get a lot of unpopped kernels, and the popping didn't slow before the button said the microwave was done, consider doing it yourself next time and letting it pop for a little longer.

The problem with leaving it in too long is that the corn scorches (usually from the centre out) and the whole bag is inedible. If the energy is no longer going into popping kernels, it's going in to scorching what you already have. Get it out before that happens.