I'm going to agree to disagree. I have had the same email account, but 3 different devices in a week... Tbolt, razr, rezound, and only had to encrypt with the Rezound. I remember hearing about issues with the added security features that HTC was implementing when I was using custom sense 3.5 Roms on the TBOLT. So my real world experiences would lead me to believe that your wrong on this one. Now to be perfectly clear ALL of my devices required a PIN or Password to access the device after syncing my Corporate Email. But the Rezound had an extra Password when the device was restarted and the sd card loaded up again.
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I have not used the encryption on the Rezound, only the Razr.
I had a DX and no issues with one of my corp email accounts. I get the Razr and set it up and it says that the policy from the Exchange Server requires that the internal storage and SD card be encrypted. Of course it does not tell you that it needs a PIN first in order to do that, so it sits there for 10 hours saying it is encrypting, when it is in fact doing nothing because it can't. Pulling the card doesn't help, only deleting the email account or a hard reset gets it back on track. I tried to opt out of it, but all that did was delay for awhile and then the OS kept giving me reminders to encrypt the drive.
On the Razr, encryption limits video capture to 720p and everything is encrypted, and even when you remove the account and encryption, anything that was encrypted stays encrypted. I had my Admin forward all the emails and calendar invites from that server to my other work account which does not require that encryption.
I spent half a day on this with my Razr, trust me, it is there. It all depends on the particular policy of your Exchange Server. Mine required encryption of all phone contents if the device supports it, and it gives them Admin access to the phone to lock it down or wipe your data from remote.
You can disagree all you want, but it is there, it is documented and it happened to me personally.
Since all my email from that account now just gets pushed to the other account, I have not had these issues with the Rezound. But it made a mess of the Razr...