Different wavelengths can burn different parts of your eye. Visible wavelengths are able to pass through your pupil and are able to burn the back of your eye and damage your retina. Your pupil acts like a lens focuses it into a spot, giving the laser the power density needed to burn the retina despite the relatively low powers. A 1mW difference is enough to increase the power density to a point of burning your sensitive retinas. Lasers can damage your retinas, your optical nerves, your cornea etc. With extreme cases people have mentioned hearing a popping sound when a high powered laser hit their eye. That is a sound no-one wants to hear. Lasers can cause anything from temporary vision loss to permanent damage to your eyesight.
So if their is any immature kids or ignorant trolls reading this, laser eye damage is incredibly serious and is not a joking matter.
Edit: Was writing my post at the same time Encap.

You linked to the exact thread I got my image from.