Phone spy application does what?

Looks like there is a application going around that's called phone spy. The application is made by a xda developer called "chetstriker". The app allows you to see what incoming text are received on the hacked phone, among other things. The user of the winmo phone has no idea what going on cause the program is placed in windows/start up folder. This is the kind of app that could do a lot of damge or some wicked fun either way go check it out
 [app][beta] phone spy *** - xda-developers

-- Sent from my Palm Pre