Exchange 2007: Disable iPhone Passcode Requirement

If you are using your iPhone with Exchange 2007 you’ll notice that Exchange now forces a remote policy which requires you to have a passcode on your device (of course this also applies to other mobile devices and not just the iPhone). I’m sure for some this is not an issue but for those users who do not need this security feature enabled and/or simply do not want to have to enter a passcode every time, there is of course a way to disable the feature...