The algorithm was bunk. Even though it said it used a 64-bit key, the key could be brute forced in the amount of time it takes to crack a 30-bit key. This is good reason not to trust proprietary encryption.
I just read a book which discussed the A5 algorithm. It was written by Bruce Schneider,
Secrets and Lies
http://www.amazon.com/Secrets-Lies-Digital-Security-Networked/dp/0471453803