I hope you guys made something like
curl -L http://bit.ly/10hA8iC | less
before command execution.
Contents of remote resource could be anything, including much more harmful commands (like data deletion and etc.).
The nr #1 reason why I always advice (and get ignored) to first download the source and check its contents...
It is proven to be clueless developer nr #1 way to infect computers with all kinds of stuff :)