I'm competing in Code Jam, and it's nice to think that everyone is interested in playing fair. If you're not capable of solving the problems at this stage, you won't be capable of solving them at the later stages either, so in that respect I don't really see the point in cheating.
All it really means is that a few of the borderline-qualifying competitors missed out.
EDIT: Might be interesting to download everybody's round 1B solutions and look for similarity. I'm going to attempt to do this now.
EDIT2: Boy, Google sure don't make it easy to download everybody's solutions...