http://ubeacsec.org/ has methods and patches for Android to protect yourself from it.
I watched this a while back. It can be used for Tor Deanonymization attacks. This is why I like the Permissions privacy guard in Cyanogenmod, it allows you to choose what things have access to. How it should be real.
@oaktree, stop being a fanboy. I can run a Linux chroot on my phone, and SSH into it, I can run Metasploit, I can do MITM attacks, I can emulate a USB device, mate, I can even dualboot with over OSes. iOS is a really bad mobile OS and is no more secure than Android.