I once used Novell's digitalme to enter in web forms. It conveniently stores the passwords for you on its servers, and all communication between you and them is encrypted, but imagine my surprise when I went to the entry for the form I filled out and there was my password there in visible plaintext.

The weird thing is, if you have a good password and are not writing it down, you shouldn't immediately recognize it when you see it in print--because you never have, and also because it should look like line noise. If it doesn't take you a second, then your password sucks anyway, and it hardly matters if people see it or not.