I made this argument to the 1Password guys (Dave Teare, I think) when I ran into them at Macworld a few years ago. I was used to the Mac OS's keychain always as

I made this argument to the 1Password guys (Dave Teare, I think) when I ran into them at Macworld a few years ago. I was used to the Mac OS's keychain always asking for a password to see or edit its contents, even when it's unlocked and apps can get at their stuff in it at will. 1Password doesn't. He made the same counter-argument, that if you handing over your computer over to someone you don't trust, 1Password should be locked — his locks after a short timeout and whenever he put his computer to sleep. These arguments are way more eloquent than mine though.