Yeah, you could always re-wire it. On the 92-99 the button needed the key in the ignition I believe for it to work. Atleast mine does. You could always move the button to a new location if it is a real big pain. My lumina has it under the driver'* left side dash, which seems like a good location for it.
yeah, i thought that the trunk release in the glove box was pretty retarded too. In its place on my car is a trunk-override switch so you can disable the button on the driver'* door for the trunk. I think that'* just as good of a safety precaution as having the button in the glove box.