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I'm not completely sold on the password thing. what if you forget your password for the wallet? i've heard dev team will be working on encrypting wallet for the next update though so we'll see how's that turn out. in the past i've forgotten couple of passwords, one for 5-6 digit icq i had when icq first came out which could not be retried and another was for some zip or excel file, thankfully i was able to brute-force it with conveniently available tool from the web. I wouldn't want to forget my pass for the wallet, and i'm sure it will require some long string of text for good encryption so that will be one more piece to worry about it's safety and security.
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