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The author (rginda, http://www.hacksrus.com/~ginda/) is a Google Chrome developer. You're probably already trusting his code by running Chrome.

Can you vouch that he packages this extension on a machine free of trojans, viruses and backdoors? Hm.

Yes, this. Though, this is also the case with any other app you may hand your credentials to.

FWIW, it was reviewed internally by Google security people before going live.

I, er, meant to upvote this, but hit the wrong arrow. :\ Consider this a moral upvote.