This YouTube Video shows how you can bypass the iPhone lock screen to make calls and list contacts. You can even browse photos if you attempt to add a photo to a contact.
While you can’t run any apps or do anything other than work with contacts or make phone calls, the facts is that anyone who watches this video can unlock a part of your iPhone without knowing your passcode.
I’m sure Apple will have a fix soon but until then, don’t let that phone go to the wrong hands!
The fix is apparently in. Just the other day I was on Rick Hamada’s show (KHVH AM 830) and he asked me about the iPhone 4S problems. I told him there would be a fix right around the corner just based on my experience with these kinds of things. One day later, bam! It’s nice when pure predictions come true.