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In emacs you can press C-Space, start typing, then use C-x C-u to capitalize what you just typed.

I use caps lock whenever I want to type more than two letters in upper case. Quite a few of my passwords have upper case strings in them and I get used to the motion of hitting caps-lock for a few characters then hitting it again to turn it off.

Needless to say the absolutely moronic "fix" for accidental caps lock in OSX (just used caps lock there) which delays activation for a fraction of a second makes this far less accurate and is mind blowingly frustrating. I almost returned my laptop because of it (but the suspend/resume on the macbooks is so good I had to take the good with the bad).

Same here, I do use caps lock pretty often while programming (C++) especially when defining enums. I do think however it wouldn't be a big deal if keyboards didn't have it.