Refurbished iPhones Hold Previous User's Data

[Guest]

Refurbished and used iPhones may contain personal data from previous owners. iPhone owners across the universe looking to upgrade to impending 3G iPhone think twice.
Apparently, hitting the “restore” function as a means to erase data does not actually er

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[fransizzle]

While this is a huge security loophole with an obvious solution (a low level format as stated in the article) how man end users that receive a refurbished Iphone have the tools or the desire to do this? To me this seems like a security white elephant that really will not effect, well, anybody really.