I just bought a new (1.5 year old) house with an unfinished basement. The basement is insulated with your standard pink fiberglass roll insulation (pink side out, most without paper backing). I plan on finishing the basement at some point down the future, but it will probably be a couple of years at least. I would like to use the basement as a workshop in the mean time, but didn't know about the insulation. It's on the walls and in the ceiling; do I need to be concerned with working down there? Are there any health hazards I need to be aware of in working around exposed insulation, or is it highly recommended that I figure out some way to cover what I can?

Thanks in advance!