Kik sends passwords and messages without encryption

Kik, the popular and free messaging service which has just arrived on Windows Phone 7 is a great service that works very well.
Raphael Riviera from WithinWindows has however analysed the data flowing from the app to the internet and discovered the software sends everything, including passwords and messages in plain text.
This means when you are on WIFI at work or cafe for example, anyone with a network analyser on the same network will be able to see your messages, get your full name, user name, email address, password and possibly even impersonate you.
This is a apparently a flaw which has been in existence for at least a year, suggesting the company does not really care about security.
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