A great example of how the media can hype up a story (bonus points if you can use the "T" word). Like most bits of technology, the value of having them far outweigh the risks of abuse (and we have other methods such as criminal charges to punish those who do).

(The most amusing part being the Huffington Post article with nice high-resolution photos of the keys, just in case you need to make a copy of your own). 

(via Schneier on Security http://www.schneier.com/blog/archives/2012/10/master_keys.html )