Missing the Point?
The point here is that it's impossible for ost of us to use multiple secure passwords. They're impossible to remember. And the more uncrackable they become, the less useful they are.
And as for trusting a piece of software to generate and manage passwords... That could be compomised at some point in the future, if it's not already...
Password technology has outlived it's usefulness for secure applications. For low secuity needs like web forums, it's good enough, even with re-use.
We need secure keys, not the ones in the unix model, but something I can carry around with me, plug into a networked computer anywhere, and be able to access all my secure accounts safely by typing in a simple pin for the key. Citrix have a system like this, but it's not universal. And generally restricted to a single company.