I like the idea of hashing off a root word + site. I'd rather have the browser do it for me though, and I don't think there's anything on the page itself that I could depend on to hash with. Maybe the domain?
To be honest, firefox has an encrypted database of site-passwords. What's wrong with that?
I have a system like that, that takes a master and the domain. The advantages over the Firefox password manager is availability and not having to worry about backups. Since I know the algorithm, I can recreate any password using widely available tools.
To be honest, firefox has an encrypted database of site-passwords. What's wrong with that?