Earlier quoted context omitted.
It matters that you don't seem to understand the threat model here. You think your passwords are protected somehow in other applications, but they're simply not. The fact is that they're still trivially recoverable, and if the bad guy can read them at all than he already has access to fully compromise your entire OS user account. So, you're arguing that we take measures to make users think they're safe when they've a…
You're right, locking the operating system will secure it. But people aren't doing that. And people lend their computers to friends sometimes. It happens. I think the actual situation is that you don't understand how people are using computers, and how people expect them to behave - which is very important. Your software allows me to open up one application and see all passwords. It's likely the single most-used appl…
2) Either the browser demands an unlock password every single time it queries the password store--which is probably not an acceptable experience for most users--or the browser can arbitrarily read the password store when left unattended. There's no meaningful middle ground here. An option to demand a credential before unlocking the store might be nice for nerds, but nerds don't need it anyway, because they can use 1Password (or similar) to do this for them. It's simply not tenable for normals. Good grief, just look at the wailing and moaning that the UAC prompts in Windows Vista generated. Those prompts by default didn't even demand credentials, just a click through.