People always get all fucking pissed when they hear something they dont even own is doing shit that has the possibility of taking something you have.
I would expect the iPhone/Touch to be able to disable apps if jobs chose. Random people are making these apps and this has never really happened before on such a high profile device, so im sure jobs wants to be able to kill a app if it was discovered, then posted all over the interwebz, that it emails all of your private information to bill gates.