Passwords Re-examined

Bruce Schneier of course does it better justice than I ever could, but there was a great paper released that looks at passwords through a modern lens:  Do Strong Web Passwords Accomplish Anything?  Today's attack vectors are different--phishing is preferred over brute-force attacks, etc.  Much like how Mr. Schneier likes to remind us that if you put up a strong front door using strong cryptography, attackers will just find a way around the door.  They seek the path of least resistance.  I was very encouraged to read the linked paper,  so I wanted to pass it along who might not have caught it on slashdot.org.  I think the use of passwords needs serious re-examination as far as what is trying to be accomplished, and this paper fuels a much-needed discussion.