I can attest that this is true. I set the pattern lock, and was seeing what happens if you do not enter it correctly. It locked me out for 30 seconds, and gives you a link to enter your google account info to reset the passcode. I entered my information and it did not work. After the 30 seconds, I entered the correct password and turned off passcode lock. I will not be using it until this is fixed!
iPhone -> iPhone 3g -> Blackberry Bold 9700 -> *Switch to VZW from ATT* -> Moto Droid!