I like how topical this is:
http://xkcd.com/936/
Of course, if they just steal the frigging passwords, then we're stuffed...
There are a couple of problems with that (concatenated dictionary attacks, remembering 20+ of those isn't easy, remembering which you used where is even harder, using the same one everywhere is downright dangerous), but it actually isn't too bad, especially if you include the spaces. Reminds me of a joke I was once told: "One time there was this luser who was told by the sysadmin that her password must have 7 characters and one capital to be accepted. After much thinking she decided on Mickey, Minnie, Donald, Daisey, Goofy, Pluto, Aladdin, Sacramento."