"ridiculously complex mechanism" ... Not really. Anyone with the ability to stick a USB stick in a USB port and hit a power reset button can pull off this attack:
Hmm, that requires USB booting though, if you disable that from the BIOS and password protect it, they can't really use this method. If they pull the battery the machine needs to be turned off and so the RAM will clear.
http://www.mcgrewsecurity.com/tools/msramdmp/