I'm fairly certain you will indeed get race conditions. Synonym Names are intended to be used for shortening the name of an object and aren't supposed to change any more often than other objects. I'm guessing by your description that you are using it for code reuse. You are probably better off using Dynamic SQL instead, which incidentally you already are.
For more information on Dynamic SQL you might want to consider a look at this article on by Erland Sommarskog that OMG Poinies references in a lot of his answers. Particularly the section on Dealing with Dynamic Table and Column Names which I've quotes below
Dealing with Dynamic Table and Column
Names
Passing table and column names as
parameters to a procedure with dynamic
SQL is rarely a good idea for
application code. (It can make
perfectly sense for admin tasks). As
I've said, you cannot pass a table or
a column name as a parameter to
sp_executesql, but you must
interpolate it into the SQL string.
Still you should protect it against
SQL injection, as a matter of routine.
It could be that bad it comes from
user input.
To this end, you should use the
built-in function quotename() (added
in SQL 7). quotename() takes two
parameters: the first is a string, and
the second is a pair of delimiters to
wrap the string in. The default for
the second parameter is []. Thus,
quotename('Orders') returns [Orders].
quotename() takes care of nested
delimiters, so if you have a really
crazy table name like Left]Bracket,
quotename() will return
[Left]]Bracket].
Note that when you work with names
with several components, each
component should be quoted separately.
quotename('dbo.Orders') returns
[dbo.Orders], but that is a table in
an unknown schema of which the first
four characters are d, b, o and a dot.
As long as you only work with the dbo
schema, best practice is to add dbo in
the dynamic SQL and only pass the
table name. If you work with different
schemas, pass the schema as a separate
parameter. (Although you could use the
built-in function parsename() to split
up a @tblname parameter in parts.)
While general_select still is a poor
idea as a stored procedure, here is
nevertheless a version that summarises
some good coding virtues for dynamic
SQL:
CREATE PROCEDURE general_select @tblname nvarchar(128),
@key varchar(10),
@debug bit = 0 AS DECLARE @sql nvarchar(4000)
SET @sql = 'SELECT col1, col2, col3
FROM dbo.' + quotename(@tblname) + '
WHERE keycol = @key' IF @debug = 1
PRINT @sql EXEC sp_executesql @sql, N'@key varchar(10)', @key = @key
- I'm using sp_executesql rather than EXEC().
- I'm prefixing the table name with dbo.
- I'm wrapping @tblname in quotename().
- There is a @debug parameter.