Doomhamur,
"Installation of DNS will extend the Active Directory schema to include the DNSUpdateProxy group. This is a very powerful group that allows objects to be created that has no security. When this occurs, any authenticated user can take ownership of those objects created in this manner.
Client records A and PTR are updated in DNS during the DHCP process in Windows 2000. When both clients and servers are Windows 2000, then secure dynamic updates can be completed using a default installation. When other clients need to be supported, then secure dynamic updates cannot be used unless the DHCP Server is added to the DNSUpdateProxy group. This allows the DHCP server to perform dynamic updates for these legacy clients.
Special consideration must be taken if the DHCP service is running on a Domain Controller Server. In this case, addition the DHCP server to the DNSUpdateProxy group will allow any user or computer full control of the DNS records corresponding to the Domain Controller."
Basically, if you install DHCP on a domain controller and add the server to the DNSUpdateProxy group (most organizations have atleast a few non-Win2k machines and still want to enjoy the benefit of dynamic updates), the DC's DNS records _are not protected_. You can optionally manually change the permissions on the DC's DNS records to give the DC exlcusive control/ownership, though its much easier to simply avoid installing DHCP on a DNS server from a security perspective.
But otherwise Doomhamur, according to the official Microsoft training to obtain your cert, you are correct. This is also an example of why I don't put much weight in just MCSE.