Launchit writes something like: "launcher:FRFLY@actiontype=TaskUri&TaskUriData=ms-settings-camera" to the tag and has their application handle the launch.
Now at first you will get the acceptation question, but after two or three times it will ask you if you trust the app and you can add it to your trusted apps.
This will make it bypass the lock screen and start the application.
I can 100% confirm that this approach works on a lumnia 930.
Now i was thinking of adding that to a custom app and just not have it start the requested app but instead close itself.
In theory this should work, basically turning it into an unlock app.