I have a few passwords that I use for a lot of generic things at work. The other day, one of the tech guys came up to me and said, "wow, you have a really good password. I was looking and a lot of people have passwords that would be easy to guess. Yours is really secure." To which I responded, "uhhhhhhhhhhhhhhhhh :Q if you can see the password, then anyone who hacks through to where you were can see the password. And, an unencrypted password somewhere really screws me - what if one of the high school tech students that gets hired over the summer sees the passwords... and what if, like many people, some of the staff use the same passwords here as they do for, ohhh, their credit card company, their checking account online, etc."
*sigh* At least I don't have to change my password ever. The tech guys would quickly give up on that since they'd get inundated with requests to "show me how to change my password again, please."