Jay Calvert posted in SecurityFocus Bugtraq:
"By adding a new key to the registry in HKLM/SYSTEM/Services/SharedAccess/Parameters/FirewallPolicy/StandardProfile/AuthorizedApplications/List
you can circumvent the whole purpose of the firewall with out the users interaction or knowledge. Spyware / Adware manufacturer's are already do this."

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Read the full details on how he discovered the above in HabaneroNetworks.com