That's ridiculous. The Unix security model doesn't even address untrusted applications, unless you think auto-downloading and running Unix executables would work out well. The situation with web security is terrible and there aren't any "good old days" we can revert back to -- every mainstream OS has done it wrong. Good security is difficult and influences many parts of a system, but if it were a priority for any of the big players, it would have already happened.
A. If it can, then it can send my personal info to outside world. I don't care if it can't gain root access to my phone. My phone's root account is not important, my personal information inside that phone is.
B. If it cannot. Then most of my application is useless because it can't access any information at all. Why don't I add it to "trusted" zone? Because I don't trust it. And I shouldn't have to.
So what do I want? I want it to see my personal data but not being able to send it to anyone.