Saw Apples big WWDC today. Apple user here but this cloud business is getting out of hand. If you use Mac OS X you have something called keychain which stores your passwords. Works well. In the next version of Mac OS Apple is moving your keychain to the cloud. Might not be a big deal but there iCloud is the largest cloud system out there. So when that hits they have the keys to your kingdom which they do already but this time without effort. Be warned!