This article came into my Google News feed this morning. I thought it was baffling: Connected entrepreneur raises millions of dollars in VC money to build...LastPass?
I don't understand.
Quite - we are probably all already running something just like this. i suspect that what this "entrepreneur" is adding is a central repository to store the user's passwords - like Dropbox or Google Drive or what have you.
Not sure this solves enough of the problem to get major consumer adoption though.