Quote (Chronic Dev Team):
The program copies all the crash reports off your device (which, under normal circumstances, would be sent right back to Apple), and instead sends this data to a secure, private server hosted by your friendly Chronic Dev team. Next, our program proceeds to neuter your copy of iTunes, simply by changing your settings to prevent your computer from sending any further diagnostic information from your device to Apple. Using this agglomeration of your crash reports and our ninja skills, Chronic Dev will be able to quickly pinpoint vulnerabilities in various programs by using the same techniques Apple currently employs