[miskin]

So you would effectively have 2 passwords reused across all sites?

1. If any of that site is compromised, 50% of your sites will be quickly owned due to password reuse with same username.

2. If someone will get hold of two of your unencrypted strings, they own 100% of your accounts.

- You may solve #1 by creating new password for each site.

- You may solve #2 by encrypting the file.

Voila, you just created your own password manager.