The police in my town come down hard on this as well.
If a sufficiently thick and symmetrical HDPE bottle is used, the resulting "pop" can be quite loud, we're talking about setting off car alarms 2-4 houses away in a suburban neighborhood with 1/2 acre lots...
The main issue here is one of prosecutorial discretion. Or a lack there of.
If kids were doing it just for the noise, that's one thing. If they're doing to cause vandalism or property damage, that's another. Then there's also the issue of what method they're using. Dry ice only really has the bursting danger. The lye and aluminum can spatter hot caustic chemicals in someone's face. Especially if the device is abandoned and someone else picks it up, not knowing what it is.
I've heard of at least one case where some teens gave such a bottle to a group of young kids, told them to "watch it fizz" and then left.
Our issue was one of a teenager setting them off on people's front porches or in alleyways. I actually manged to get him caught.
I saw the gaggle of teens on my corner as I drove off to get a take-out pizza. It wasn't unusual, I think they hung out there because we were still young 20-something DINK's at the time, and perhaps perceived as "cooler" than other families who may have been more nosy. What I failed to realize at the time was that it wasn't the group of "our teens" from the block.
When I returned only ten minutes later, I got the hairy eyeball from them. Now I know it was because they weren't expecting me back so quickly. About 20 minutes later I heard a huge bang that shook the house, louder than a 12ga going off, and found my enclosed front porch spattered with black lye and bits of foil, and a puddle of it on the floor.
When we called the police, they came quickly and interviewed me, where I learned they were hunting down this kid for leaving such bottle-bombs all over town. I remembered that as I drove off, (summertime, windows down) one of the teens burped loudly, the group laughed. The teenage girl who lived kitty-corner to us yelled out from her open window, "You should say excuse me!" and the teens laughed more. I sent the cops her way figuring she might know who the group was.
Apparently they were able to track him down through that.
I fully admit to doing similar things as a teen, but I did it in an empty area, made the noise
once, then skedaddled.
Ten times in their back yard? They were asking for it.