Apple Thoughts: Password Requirement Added to iOS for In-App Purchases

"Partially billed as a way to keep children from picking up their parents' iPhones and going crazy with in-app purchases and partially billed as a way to keep less-than-ethical iOS developers from making it deceptively easy to buy a ton of in-app content without knowing you're agreeing to spend money, Apple's latest update to iOS forces you to enter your password to accept in-app purchases for a 15 minute window."

At least this will hopefully prevent those surprise 4-digit bills, unless you are careless with your password. And I like the fact that they have given it a 15 minute window so you don't have to enter it every single time as long as you are within that window.