[__alexs]

Writing down complex passwords is often better than using simpler ones you can remember. Especially if it reduces password reuse.

The probability of your home or work place getting burgled is probably lower than the chance of the N random websites you have passwords for getting hacked or burgled.

[jgrahamc]

Agreed. Schneier made this point long ago: http://www.schneier.com/blog/archives/2005/06/write_down_you...

I adapted it to carry my passwords in my wallet: http://blog.jgc.org/2010/12/write-your-passwords-down.html

[macavity23]

True, and furthermore, the probability of getting burgled by someone who gives a crap about your passwords is pretty much zero. There is very little overlap between the sets 'burglars' and 'identity thieves'.

[objclxt]

More to the point, once you take the label off it's just a black bound book. How many burglars are taking boxes of books out of houses? Unless you're the owner of a rare book collection, probably very few.