Plus, Apple’s keychain doesn’t support being stored in custom locations. Your 1Password keychain can be stored wherever you prefer, with Dropbox as its recommended location.

Lastly, 1Password stores significantly more than Apple’s keychain: software serial numbers, encrypted notes, and even bank account and credit card numbers.

Apple’s built-in keychain only stores web passwords when it recognizes the fields you have filled as login/password fields. Further, the login keychain is unlocked automatically upon login, making it possible for anyone to use your passwords if they’re sitting at your computer. Further, with the advent of iCloud, your Mac’s keychain can no longer be synced between computers. 1Password can, thanks to its in-built Dropbox support.

You can also easily change passwords on the site without loading the 1Password app as it uses a Safari/Chrome/Firefox extension to communicate with the daemon running on your computer.

I’ve been using it for years and haven’t had to remember more than a handful of passwords that I have to enter regularly.

I’m using 1Password, but only Wi-Fi sync between desktop and iPhone. Only risk is losing a machine, but A) I’ve never lost or had a machine stolen in my life, and don’t plan to, and B) I can use iCloud to remote erase if it did happen.

So, with the 100+ different sites, services, and accounts I manage and use, it’s completely and utterly impossible for me to remember them all – especially when you want me to change them often, too!

So, I use 1Password. It solved a huge problem for me. Maybe it created risk of another, but my situation was completely unsustainable before I started using 1Password.

I don’t use them to autofill passwords though, just to keep everything secure.
I have 7 different passwords for work (annoying as hell) and an alarm code that changes every two months…. without 1Password i’d never remember them. (When I have to change a password, the last 6 passwords used are remembered so I can’t reuse them.. and As I said 7 different passwords… so remembering them off top of my head, not easy)

Sure it is simple enough to create your own secure passwords, but unless you want to trust using the same password (or set of passwords) on multiple sites, it is much better I think to use a tool that will generate super-strong unique passwords for each individual site. That way, when a site is hacked, which happens, your password will not be used to try to get access to your facebook or iTunes account, which we have seen happens.

You can reach me on eric.schmidt@google.com.