Seems that round barrel locks that are the staple of bike protection (Kryptonite) and laptop security are able to be opened in seconds using the barrel of a Bic pen. Here's some coverage on the net:
It seems that this information is not really new. Thieves have known about it for a while. What's new is that someone decided to publicize it. I'm glad they did. I'll think twice before securing my laptop or bike using one of these locks. I just spent $250 on Kensington MicroSaver locks for my lab. Guess I'll try to send them back.