Hmmm, not showing up for me, and I have the admin app installed...
edit - Looks like it's looking for a very specific user scenario. This is from the KB article:
Security Update 2004-10-27
Apple Remote Desktop
Available for: Apple Remote Desktop Client 1.2.4 with Mac OS X 10.3.x
CVE-ID: CAN-2004-0962
Impact: An application can be started behind the loginwindow and it will run as root.
Description: For a system with these following conditions
Apple Remote Desktop client installed
A user on the client system has been enabled with the Open and quit applications privilege
The username and password of the ARD user is known
Fast user switching has been enabled
A user is logged in, and loginwindow is active via Fast User Switching
If the Apple Remote Desktop Administrator application on another system is used to start a GUI application on the client, then the GUI application would run as root behind the loginwindow. This update prevents Apple Remote Desktop from launching applications when the loginwindow is active. This security enhancement is also present in Apple Remote Desktop v2.1. This issue does not affect systems prior to Mac OS X 10.3. Credit to Andrew Nakhla and Secunia Research for reporting this issue.
edit #2 - NM, didn't see that this was 1.2.4 only and doesn't apply to the latest version (2.1) which I, of course, am running.
