floppy steering wheel

I have heard this is a common problem with tilt steering. I heard there is some kind of pin that breaks and needs to be replaced. Does anyone know any more details about this?

http://www.chevyasylum.com/column/tiltcol.html
Here is a link to fix the problem. I guess I will answer my own question.
I see plenty of people had viewed it but didnt respond. I hope this helps.