I think you'll need to actually edit the external.php file directly. It checks the forum permissions on line 129:
PHP Code:
if (isset($vbulletin->forumcache["$forumid"])
AND ($forumperms & $vbulletin->bf_ugp_forumpermissions['canview'])
AND ($forumperms & $vbulletin->bf_ugp_forumpermissions['canviewothers'])
AND verify_forum_password($forumid, $vbulletin->forumcache["$forumid"]['password'], false)
)
{
$forumchoice[] = $forumid;
}
So, you'll want to modify that to allow the user to see the forum (remove the canview and canviewothers lines?)
This will mean that anybody to can see the feed.