With regard to complex passwords, Plex is one of those accounts that using a random password is quite cumbersome since my kids and I are often connecting new devices that don't access the password manager. We also use it on smart TVs while on vacation. We use a unique, but simple to remember password.
The problem with Plex is that they force you to use cloud auth even if you self-host despite that not being necessary at all for those many of us that self-host. I don't have any other server I host that requires this. The local LAN login they claim works without auth doesn't work for most devices nor across subnets.
It means I cant access Plex when the isp is down and it means Plex sees my library and my kids' activity (which I don't like for privacy reasons), despite having paid for lifetime Plex before this was a requirement.
Think about the Plex as a business that may very likely get acquired one day by a large media corporation. What happens to my data then? Will they ask me to verify my ownership of content I host(ed)? They are already pushing commercial "free"content to my kids, which is exactly what I was trying to get away from.