Possibly, although I have never been given a WPS enabled device from an ISP, nor have any of my family ( have to love being tech support ). Come to think of it though I have seen routers in the past with what can only be randomly generated passphrases though, which is a step in the right direction at least. My current router was not one of those though.

If I have it right, WPS (wifi protected setup, right?) results in sharing the password (i.e., in practice it is only ever used with PSK and attacks recover the key).

Conceptually, device bonding seems like the right way for consumers but WPS doesn't do it very well.