There's a lot of FUD & frankly inaccurate information floating around here. When connecting to a password protected router you are given an UNCHECKED BY DEFAULT option to share the password with your friends. What this means is, the user can deliberately share the password they know. This is just as secure as any other system because once you give a user a password they could share it if they chose. Nothing here is "…
Even if people opt into it, why should this happen automatically? If one of my friends told every single Facebook friend of theirs the password to my wifi I would have a very strong conversation with them and probably never invite them into my home or even consider them a friend anymore. Just because they _can_ share the password doesn't mean they _should_ share the password. I don't see why this kind of automatic sh…
California is an awesome place! I'm always happy to visit my friends over there. Manage to do it once or twice every year. So far, wifi password never stayed saved in my phone for one reason or other. Failing to enter it correctly several times and asking for help has been a consistently awkward experience.
So I perfectly understand why this would be a nice feature. The drawbacks? Someone using your access point for something shady? How would they do that, parking on someone else's driveway in a residential district? That's too suspicious and would probably attract more unwanted attention than doing that from your own access point at home.