I think the original question has been well enough answered - so from here on in anything i say is just for general interest on the topic i managed to wander the thread into, and for the sake of winning an argument...
If you want me to shut the hell up in the thread you started Maheel, just say so and I will desist/delete.
Here is a link to a nice reference with some actual numbers related to temperatures and kill rates for botulinium spores of various strains in various substrates. The link takes you to the wrong page (its a google books reference) so you need to scroll back to page 80 of the book and you get a bunch of tables with results from various researchers looking to find the time vs temp points where botulism spores are killed.
http://books.google.com/books?id=lxycHnaPf...wth&f=false
While not all of the studies look at temperatures as low as 100c you will see that for the ones that do - there is indeed a D value (the time required at the given temperature for a logarithmic reduction in the number of live spores) for even the heat resistant strains of botulinium. Its just that when you are talking temperatures of 100C the D value is anything up to half an hour or so - whereas at 110 it might be a minute or two and at 121 it coud be just seconds.
It's interesting to see that where the two were tested together, D values for things with a pH at around the level of wort (say 5.2 ish) were quite a bit lower at 100C and around 15-20 mins from what i could gather. Some studies looked at even lower temps, and you can see the drastic difference it makes, with a D time of 800+ minutes for one strain at 82.
Now my understanding of how this stuff works in the food industry (a far less than expert understanding, lifted in decent proportion from wikipedia) is that they are looking for a 12 x D reduction in order to be sure the food is safe, so 10 to the power of 12 less spores than before the heat treatment. And the reference value of D (at 121) is 12.6 seconds for C.Botulinium. Meaning that you get 12 x D in 151 seconds.
Now there is a fancy formula you can plug this stuff into to work out how long you need at lower temperatures, but as a rough rule of thumb, this stuff becomes 10times more or less effective for every 10C you raise or lower the temperature. So if at 121 you get 12D in 151 seconds (2.5 minutes) then at 110 it will take ten times longer and be 25min and at 101 or about where wort boils - 250minutes.
So to be fairly sure you had a safe product you would need to
boil for a little more than 4 hrs. Which of course we aren't doing as homebrewers. BUT - that reference for D is for foods that have any old pH value... Wort on the other hand is relatively low. So if we go back to the tables in the link i posted and use that info to make the almost certainly incorrect assumption that things with a pH of 5.2ish have a D value around half what it would be at pH 7 - then the Reference value of D could be taken to be 1.25min and that would give you 12 x D in 125mins at 101C - which is more like something a homebrewer would do.
And of course, with no-chill, the wort is staying hot for a long time after you put it in the cube - you are still getting PUs in there as a few people have said. So altogether, it ends up working out that you have a pretty damn safe product if you follow the standard practise of boiling for an hour or 90 mins and cubing. Not to mention the fact that hopped wort is a fairly unfriendly place for the spores to try and grow into bacteria and start being dangerous.
But (in an effort to try and keep it vaguely related to the original topic) if you knock time out of the boil and rely on whats happening in the cube - well, remember the 10x multiplier. 45mins less at 100 in your kettle, is going to need (around) 450mins at 90 in your cube to have the same killing effect, and your cube is cooling down as it sits there. And if you were to then not have any hops in there..... That might just be asking for trouble. You probably still aren't going to actually get any trouble - but you are kind of looking the universe in the eye and inviting it to "have a go if you think you're hard enough mate"