There seem to be basically two types of locks:
Type 1: Locks whose key is a tangible object
Advantages:
- You pretty much know whether or not another person has possession of your key. (Although, someone might steal your key, make a copy and then return the original.)
- If you have a poor head for rote memorization, this is the type of lock for you.
Disadvantages:
- If you forget ONCE to bring the key with you, you're screwed.
Type 2: Locks whose key is a piece of information
Advantages:
- Memorize your key well, and you will never lose it.
- You have less things to keep track of, as you never ask "where the hell are my keys?"
- No one can steal your key (except if they trick or force it out of you).
- Of the two types of lock, this type tends to be quicker and easier to operate.
Disadvantages:
NOTE: Some people, having a Type 2 lock,
write down the combination, turning it into a lock with most of the worst aspects of Type 1 AND Type 2 locks.