Beautiful, absolutely beautiful. I have tried two of my accounts in my test profile and they seem to work just fine. I like the little ring the on the tight side in the status bar, which shows you which settings are being used to generate the password. That'll make troubleshooting a lot easier. It would be nice, however, if it could show all the characters being used, as opposed to just the first x characters in the set.
The cool key I haven't figured out yet, because I am not even sure what it's supposed to do. I'll do some more testing tomorrow and report my findings here.