I agree with BEagle and others with his line of thinking. As an ATCO I would much rather a pilot was over-cautious than didn't tell me anything. Similarly, if a pilot reports one engine out on a twin aircraft he will get an ATC "Full Emergency" which includes calling the outside services in. Yes, it may be a procedure landing, however it is always best to do too much for a situtation than not enough and have to explain to the subsequent board of enquiry if they do crash and burn.
-HD-