Aside from that I probably gave them permission to log in as me in one of the EULAs, why is it OK for them to store my passwords unencrypted. Who guarantees that there are no leaks at Google? Who guarantees that some malicious browser plugin (there have been MANY) has never figured out how to access my passwords - especially as if such a plugin can get the password to identify myself to Chrome, it can login anywhere to get the passwords.
Anyways, whenever I hear of leaked 1Passwords, I figure it is in such a vector - login on the browser. And the fact that they are doubling down on browser login, makes me less secure.
Paranoid, much?