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While there is a place for advanced tools for advanced users, the majority of users aren't advanced. Perhaps a hard-to-enable unlock mode would be appropriate to retain freedoms but not make it easy for people to make themselves unhappy.
That, and some analog needs to be available for linking to a static set of data in a simple manner. "Just search for it" doesn't have the same level of simplicity as clicking on a shortcut to where I put an exact set of files for a particular task.
Sorry, I think they nixed the BASIC interpreter from the app store.
Seriously though, that is often a kludge that's great for rapid prototyping and awful for production code. Slow, buggy, and difficult to maintain aren't really fun. On the other hand, if the iPhone app is going to be a flash in the pan anyway maybe a rapid prototype is the right answer.
Sell underpants to passengers who freak out when they can see the ground 30,000 feet directly below them.
Telcos have terms of service that will get you kicked as well. If you were running a call center out of your basement and war dialing people I would appreciate them cancelling your service as well.
It's also far easier to find another ISP than another telco.