Flyfisher - I hope you charged that outside with a a big bucket of water near by.

NEVER charge a lipo battery that has gone below 3v in the cells. There is more likely than not internal damage and it might catch fire and burn your house down. Clip the ends one at a time and put it in a salt water solution for at least 2 weeks, then toss it in the trash. (3 gallons of water - 2 1/4 cups of salt) Buy a new battery, they are not that much.
The chargers are designed that way for a reason!!
As for how low you can go.
anything below 3.0 can/will damage the internal components of the battery
anything below 3.3 might cause problems with the total number of cycles you will get on that battery.
Anything above 3.3 is ok. The trick is once a lipo cell drops below 3.6 a cell the curve falls off a cliff. The difference between a 3.6 battery and a 3.3 battery might be as little as 15 seconds of flight. This is why most people stop at 3.7 and all LVC circuits start the warning at 3.7.