Definitely more. All good password managers are so well integrated that the username and password are pre-filled in most sites noawadays.
> Most people these days who understand password security have either developed a personal algorithm for deriving passwords, or use a password manager for literally everything.
Yep, passwords suck.
> This is the same workflow, but without having to use notepad to stage the new "password" for entry into the confirmation field.
Exactly. This just removes all pretense.