Cheating will be a problem when points or coins are worth $$$.
The security of the FAH network will not credit anyone that attempts to cheat. The amount of people with the know how to "possibly cheat" FAH's current security I'm sure is rather small. It will be a waste of their efforts. There have been a lot of claims that the system is cheat-able, however I have yet to see anyone suggest something that would actually make it through FAH security. Some of these claims might have worked a long time ago before FAH security was greatly increased.
What are you talking about? Did you miss the post a page ago where one of the lead devs told you that their security was insufficient when dealing with valueless points, much less valuable coins? Why anyone would think longtime folders a valuable source next to that is baffling.
Joe C needs to clarify his involvement with FAH. He is outsourced by FAH to work on the client, and does not represent FAH. He runs his own company, and gets paid by FAH to make updates to the client. In fact I do believe Joe C might be getting an email from FAH for making these statements.