It's that simple. Even with the patches, bash is still running the contents of environment variables through its general command parser in order to parse the procedure. That's ridiculously dangerous... the command parser was never designed to be secure in that fashion. The parsing of env variables through the command parser to pass sh procedures OR FOR ANY OTHER REASON should be removed from bash outright. Period. End of story. Light a fire under the authors someone. It was stupid to use env variables for exec-crossing parameters in the first place. No other shell does it that I know of.
This is a major attack vector against linux. BSD systems tend to use bash only as an add-on, but even BSD systems could wind up being vulnerable due to third party internet-facing utilities / packages which hard-code the use of bash.