MEGA require source code of Applications using their API

Section 1.1 of the Mega API Blurb states that:

  The cryptographic integrity of MEGA's user data is important
  to us. We can therefore not allow you to distribute or make 
  available your client application without going through us.
  We will perform a code audit of your product and promote/distribute
  it on our site. You will also receive a share of the revenue that
  your application generates.

What do you think the reaction of your average developer would be to using the MEGA API, knowing that they'd require access to all of your applications source code?

Do you think it's feasible for EVERY application to be examined by the MEGA Staff?

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