Gp ahead, just don't do it with beer bottles. It takes quite an effort to remove all the little shards of broken glass and the fridge smells like beer :)

I've never had that happen, but wouldn't the cap come off first?

Apparently not; I've had a bottle of soda 'sploding in my freezer. I'm guessing that since the bottle's neck is so slim the water there freezes first, effectively "plugging" the bottle.