In addition, I would suspect that the next update put out will address any holes people find. So users who manage to implement the crack above will likely find themselves back at square one the next time they need to sync their iPhone, since during the sync updated iTunes will pass along an update to iPhone that will patch the hole.

If you're like me and don't sync very often, then this might work for you for a while. If you use something besides iTunes to sync it might also work.