I love the concept of a program that saves all my passwords. What happens when it gets hacked? Oh boy, guess I'll have to settle for a token "sorry".
I have considered that possibility, thats a risk but I leverage that risk vs. the alternative
Alternative is -
* most people online have 50+ different sites/logins and of those most use the same or a slight variation of the same password across multiple sites
* many people choose the save password option.
* most rarely or never update their passwords
* not all companies are going to report data breaches and/or not have properly hashed passwords that cant be decoded. (yahoo breach is a good example)
* If people are using unique passwords across all sites they have them written down which is a far greater security risk
I also only use the manager for what i consider non-essential sites. It just allows me to reduce the number of unique logins across multiple sites while still having unique logins across all websites. I still have ones for banking, finance, email stuff that i just plain remember in my head.