I ran across this news article on this lock (or lack thereof). Even though I don't own this lock, I thought I would warn those who do have it. Be sure to check out the video, which is very funny until you realize that your $5,000 bike can be stolen in a matter of seconds with a Bic pen ;(
http://www.engadget.com/entry/7796925370303347/
http://www.engadget.com/entry/7796925370303347/