When I tunnel a connection through openssh and the server tries to figure out who is making the connection, it asks the local identd "who is running sshd" instead of asking the remote identd (on the originating system) "who is running the program connecting". Therefore, all server programs relying on identd will believe that all tunneled connections come from local user "root". I think this is a severe security flaw.
Recent versions (using privsep) establish port-forwadings as the owner of the connection. In any case, this is not a "severe security flaw" unless you are misguided enough to use identd for authentication.
Mass change of RESOLVED bugs to CLOSED