I haven't gotten around to reading it, but here is a URL to get around registration:

http://www.ft.com/cms/s/0/1056e2ce-9191-11dc-9590-0000779fd2...

(Just use javascript to unescape the URL given in the original URL ;)

Ah, woops, I didn't realize it even tried to make you register. I got there from here:

http://blogs.ft.com/undercover/2007/11/the-undercover.html

Where I was able to click through without problems.