<< Har. Apparently they haven't heard of 1.4, where if you're caught cheating on one server you're banned from many many more...I think forever. And most of those cheats probably don't even work anymore. >>
With 1.4, there is one hack that currently works.
With the new HLDS, there is a secure feature that is going to allow cheats to "happen". Once Valve determines they have learned enough about how the cheat works, they will make a change, to be propogated throughout all HLDS servers, that will disable the functionality for that hack to work. This will be a silent "update", but will basically make it nearly impossible to keep cheats alive for too long. With a hack like OGC, and its source released, someone can make a hack, make some changes and get it working, but unless they make some serious fundamental changes in the code, Valve's "anti hack" tech will not allow the hack to live long.
Cheats will happen, but none will exist for too long. Viva Counter-Strike 1.4!
vash