Now that 1Passwd started to get some "competition", it is great to see 1Passwd 1.5 mentioned on Digg. And it is described very well, much better than I ever did it myself.
With the explosion in the number of websites we rely upon it has become impossible to securely keep track of all your passwords. The old techniques of password memorization and password reuse are no longer acceptable practices in today’s security conscious environment. But most users continue to rely on bad practices in order to remember their passwords.
