Task Scheduler Security?

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SchedTask

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Have a few Internet facing servers with half a dozen or more scheduled tasks
each which to date have been run under the context of the Local System
account. Was reading the following article;

http://technet2.microsoft.com/windo...d2af-4dd0-b050-c09951826f5d1033.mspx?mfr=true

This article says that you need to be very cautious about running tasks
using the Local System account due to the "Act as part of the operating
system" permission. I read the linked article that was meant to explain this
further, but I'm still left wondering how someone might be able to use this.
Can anyone explain in layman terms what the risks of running Scheduled Tasks
using the Local System account are?
 
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