Oh it's better. Better in the sense that it'll take me 10 seconds to reverse not 5 and require sysadmin access.
It is not encryption, it is not going to protect code unless against someone who knows nothing about SQL and doesn't care
Gail Shaw
Microsoft Certified Master: SQL Server, MVP, M.Sc (Comp Sci)
SQL In The Wild: Discussions on DB performance with occasional diversions into recoverability