iPhone 2.1: Automatic Secure Wipe after Passcode Failures
One feature of the new 2.1 firmware we haven't mentioned is the option to have the iPhone automatically securely wipe your iPhone or iPod Touch after 10 failed passcode attempts.
A nice feature for those who are worried about losing their iPhone, but perhaps better to not enable it if you have young children.
Apple has said they will be releasing the 2.1 firmware on Friday.

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