There is currently some controversy over this. See http://www.droid-life.com/2010/07/15/enough-with-the-efuse-t... .
I think the thing is that the hardware is _not_ meant to brick the phone, but there's still a dubious bootloader that kills itself when it sees a custom ROM. The good side to that is that if you can figure out how to fix the bootloader, things should work OK. I don't know, that's just what I get from that article, it's kind of hard to follow the whole thing here.