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From what i understand, and I read this on Engadget, it allows you to basically steal other people's Facebook username and password, along with Twitter and Youtube. You have to be on the same network as the other person, ie like at Starbucks over Wifi. It supposedly will work even with the 3 most common encryption codes (i forget what they are at the moment, but i think WEP, WAP and WAPk2, or whatever it is...lol). You can only use it if you are rooted, and the app was supposed to be in the market, although i can't find it...
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