After googling around a bit. stories about running a bash shell on windows pop up.
It isn't "running Linux" on windows. That would imply that there is a Linux kernel running that actually manages hardware. This impression of "running on hardware" is enhanced by the slashdot summary.
None of this. Windows is simply providing those Linux system calls that allows commandline apps to run. A story then mentioned that servers would not run. That's odd: When "bash" runs and say applications like ping, ssh and telnet, you'd have to go to great lengths to prevent another app like "apache" from running.
But if what I hear is true, this is only useful for the most basic of things, no graphical capabilities. I might be an old fart that uses the commandline a lot, but that becomes useful in combination with a bunch of graphical tools that display what I need to know on a graphical screen.
As to security: the implied trick of running a linux kernel that also has access to the windows block devices is very prone to bugs and security issues. But all that is not the case: It's just another program running in an operating system, using a slightly different set of API calls. If the emulated Linux system calls end up calling windows-internal stuff AFTER the "permissions checking" that normal windows calls would do then you have a problem. It tells a lot about how badly windows is layered.