... it seems to be very complicated using Arduino 1.0.1 ...
Doesn't seem complicated to me:
#include <avr/wdt.h>
void setup ()
{
Serial.begin (115200);
Serial.println ("Restarted.");
wdt_enable (WDTO_1S); // reset after one second, if no "pat the dog" received
} // end of setup
void loop ()
{
Serial.println ("Entered loop ...");
wdt_reset (); // give me another second to do stuff (pat the dog)
while (true) ; // oops, went into a loop
} // end of loop
You need a bootloader that doesn't get into a loop if you have the watchdog fire, but that is just an issue of uploading the right bootloader.