Update: It's worth noting that the App Store preferences are unlocked by default on administrator accounts. While the seriousness of unauthorized access to the App Store menu is debatable, the underlying bug allowing a password prompt to be bypassed with any password is obviously unacceptable.
Nice update.
I would agree that the issue is not that big of a deal, and has little to no impact on most users.
While the glitch is relatively harmless, the fact that bugs like this are getting past QC/QA just shows that Apple needs to work on this before something a lot less harmless gets released.