Why Let Users Create Passwords At All?

I have two computers I use on a regular basis, and I don't want to be condemned to having to do the one-time-password dance when I log in to your site from the second PC.

It's true that I'm a geek, but my girlfriend isn't (she's a gamer), yet she also has two computers she uses regularly. And she keeps threatening to get herself an ipad.

For that matter, my dad has a PC and an ipad at home (and he's neither geek nor gamer), and I think this sort of authentication system would irritate him into using a different site instead.

My solution to this password issue is illustrated here: https://www.nucleusdevelopment.com/_account This is my new account login. (still in alpha testing, no live)

You can login with your password or just your username then click no-password login, an email is sent to your inbox, click the link, and your logged in.

Seems like if you want the users to not have to remember/be responsible for passwords this way is a bit far fetched. Why not just OAuth or OpenID? Everyone remembers their Facebook/Google/Twitter credentials anyway.

Not really digging this system. Seems counter-intuitive.