Not really. Coke is no more dangerous than any sweetened carbonated soda, whether you factor in the sugar or the artificial sweeteners.
There has been talk of rust and blood cleaning etc, which may even work, but the mythbusters proved in one of their shows that teeth do not rot when soaked in coke for the night, and we have to remeber the human body is not a sterile or neutral environment.
Yes, water would be better, but that's true anyway...
This is the Mythbusters link (on the Discovery Cahnnel). Maybe you can see or read some about their experiments.