"Usability suffers when users type in passwords and the only feedback they get is a row of bullets. Typically, masking passwords doesn't even increase security, but it does cost you business due to login failures." - Jakob Nielsen, usability guru.
Read full article: http://www.useit.com/alertbox/passwords.html1 vote
When logging in one places username and then has to reposition for the password. This is extra effort better spent elsewhere.1 vote
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