The Development Snapshots private key is stored without a passphrase. This is necessary, because the snapshots are generated every night without human intervention, so nobody would be able to type a passphrase.
The snapshots are built and signed on a team member's home computers, before being uploaded to the web server from which you download them.
Therefore, a signature from the Development Snapshots key DOES protect you against:
But it DOES NOT protect you against:
Of course, we take all reasonable precautions to guard the build machines. But when you see a signature, you should always be certain of precisely what it guarantees and precisely what it does not.