I think it will make be a great tool for snitching on misbehaving "authorities".  Like maybe, "man with a gun" at construction zones and such. ;-)  We'll see how anonymous it really is. ;-) 

People should absolutely flood their system with bogus text messages.  But who do you snitch on?  I guess you could start with http://www.whosarat.com/ and all state and federal congressmen.  From there you can use your imagination.