Note: You can also use thecfencodeutility, located in the cf_root/bin directory, to obscure
ColdFusion pages that you distribute. Although this technique
cannot prevent persistent hackers from determining the contents of
your pages, it does prevent inspection of the pages.
I would recommend against it. There is a CFDecode utility
that can be found at various location on the Internet and it
decodes the templates perfectly in seconds. All encoding does is
make the application harder to support because you loose critical
debugging info when errors occur -- like line numbers.