Parental accounts no longer ask for a password when you try registering a standard account (how silly). People who add standard accounts that do not yet have parental accounts can view all of their recent friends and purchases. The biggest threat is that they can make them Super Safe chat.
The account Telamon (Not the account Shedletsky) and ReeseMcBlox are admins that recently got super safe chatted.
Thats basically what this glitch does, its sad really, there are always new glitches and exploits right after Roblox patches the old ones.
builderman, erik.cassel, Matt.Dusek, RobloSai and also regular users who play the game have been super safe chattted.