That's ugly. But who cares? A sophisticated user (read, anyone using Pingdom) won't be using the same password for their Pingdom account and their email. Though the consequences if they did would be ugly.
Generally, I use a different password for every site (using 1passwords generate feature). That helps guard against any site storing in plaintext
I don't understand how people get by without a password manager and a seperate password for every site these days.
Good memory works for me.
Ah, i'm jealous of you. I can't keep more than a few in my head at a time.
Same here, although I don't use a password manager, I generate them based on a fixed seed and the website's domain, using a simple algorithm. One less backup to depend on ;)