wp-content Folder Permissions (777 OK?)

As listed down the bottom (http://codex.wordpress.org/Changing_File_Permissions#The_dangers_of_777) having 777 permissions allows anybody with know how to go in and modify and execute your code making it available to hackers.

I was reading an article yesterday and it stated that about 80% of all hacks came from uploading/inserting a file into the uploads folder creating a backdoor that they could use to steal information and lock you out etc. So while you may think “it’s only my uploads directory” you are making it easier to do the most common hack on your site.

Sorry I can’t find the source on my info, have an automatic history cleaner plugin.

EDIT: Found the reference:
http://ottopress.com/2009/hacked-wordpress-backdoors/