That was interesting. I also have a hard time believing his claim about infecting a phone with a text.
I could maybe see doing it with MMS or iMessage. The more I think about it, the more interesting this question is...
Has anyone heard of any exploitable flaws in a phone's SMS software?
right now, there aren't any vulns which are similar in danger that I am aware of. SMS isn't a super friendly medium for stack manipulation, and most modern mobile OS'es implement ASLR.
The browser is the more likely vector today.