Yes, ethanol is a good solvent and will clean a dirty system, but it does not destroy modern rubbers formulated to work with ethanol as most rubbers are in post 2000 equipment. Now methanol is a different story, it very corrosive, but it is not mixed with gasoline. Remember, ethanol is what we drink as beer, wine and liquor, a little is good, too much is not!
I have used e10 in all my yard equipment, cars and tractors for many years with no ill effects that I can detect. The yard equipment will sit all winter, wet, and come spring, I will top it off, prime the primer bulbs and a few pulls later, it starts and runs fine.