IEEE 802.11 WEP holes

[Jurgen Botz]

Slashdot this morning reported on a ZD-Net article at:
  http://www.zdnet.com/zdnn/stories/news/0,4586,2681947,00.html?chkpt=zdhpnews0
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which states that there are major holes in IEEE 802.11 "WEP" encryption.

Does anyone have any more details on this?

- Jürgen