As I mentioned in the chatterbox... it's a lesson to others in the community who might not realise that the neat things they are doing with computers can be treated as seriously as mugging little old ladies. In fact, the penalties can be much higher.
As such, they story is relevant to most people here (regardless of your geographical local). We should be telling people about this very vocally - the same way we have many posts about using CGI or dot-star. Stories like merlyn's and Mitnick's should be required knowledge for any wanna-be coder.
If this sounds overdone, try sending Kevin Mitnick an email and get his opinion on the issue. Oh wait... you can't. We should be taking this as seriously as the rest of the world does, and they take it very seriously.
I didn't believe in evil until I dated it.