Joel's article is great, but it seems to omit one major point:
Hungarian makes a particular 'idea' (kind + identifier name) unique,
or near-unique, across the codebase - even a very large codebase.
That's huge for code maintenance.
It means you can use good ol' single-line text search
(grep, findstr, 'find in all files') to find EVERY mention of that 'idea'.
Why is that important when we have IDE's that know how to read code?
Because they're not very good at it yet. This is hard to see in a small codebase,
but obvious in a large one - when the 'idea' might be mentioned in comments,
XML files, Perl scripts, and also in places outside source control (documents, wikis,
bug databases).
You do have to be a little careful even here - e.g. token-pasting in C/C++ macros
can hide mentions of the identifier. Such cases can be dealt with using
coding conventions, and anyway they tend to affect only a minority of the identifiers in the
codebase.
P.S. To the point about using the type system vs. Hungarian - it's best to use both.
You only need wrong code to look wrong if the compiler won't catch it for you. There are plenty of cases where it is infeasible to make the compiler catch it. But where it's feasible - yes, please do that instead!
When considering feasibility, though, do consider the negative effects of splitting up types. e.g. in C#, wrapping 'int' with a non-built-in type has huge consequences. So it makes sense in some situations, but not in all of them.