Sure, it's a balance everyone has to find for themselves. As you note earlier, a cloud password manager is better than shared passwords.
I'm certainly happy to accept a bit more inconvenience than most. I only do banking on one device, and one device only. I set up per-device passwords for things like Gmail (and MFA for my primary password), I authorize mobile apps via API keys, and try to avoid services that require I use my password on multiple devices in the first place.
For the most part, devices I use frequently can access things I use frequently without passwords. For web services (like HN) I simply don't need to log in and comment that badly if I'm on an unusual device.
> So the choice once more, for me, becomes cloud-based password manager or no password manager at all.
If those are you're options, you're probably right to go with the cloud option. For many people, even a physical notebook of single-service passwords would be an improvement.
> (Though if you've found a good option, that will allow me to easily sync across my home desktop, laptop, office pc, tablet, and smartphone, without using the cloud, I would absolutely love to hear about it! Maybe something Bluetooth based?)
Not really. It's largely the magic of cloud synching that I don't like. A lot of people run standalone password managers like Keepass or 1Password and store the database in some sort of file synchronization service like Dropbox. I guess that's workable, but it's still not something I'm going to be doing.
I simply don't want a single place where all my passwords are available that isn't hardware physically under my control.