Intel's Sandy Bridge processors have a remote kill switch

Found on Techspot on Saturday, 18 December 2010
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Intel's new Sandy Bridge processors have a new feature that the chip giant is calling Anti-Theft 3.0. The processor can be disabled even if the computer has no Internet connection or isn't even turned on, over a 3G network.

While a given stolen netbook, laptop, or desktop can no longer be turned on if Intel's new kill switch is flipped, there's nothing stopping the thief from taking out the HDD and putting it in another computer.

What could possibly go wrong? It's not like Intel would set a default password like '12345', right?