[technomancy]

> Is that specifically to inconvenience someone who would break in, steal your password list, and crack it offline?

Probably: http://codahale.com/how-to-safely-store-a-password/

Hashing functions designed for speed are absolutely the wrong thing for passwords.

[wnight]

Yeah, that's what I'd have thought.

But I don't see the need to do the processing on the web servers.