Originally Posted by
pteron
I'm afraid I don't see the point - if the encryption is any good (e.g. truecrypt) then it doesn't matter if they get your USB disk. It is secure against any number of password attempts.
That is true for today, but it is statistical security. The key might be broken on the first try. The key to security is to make it cost more to get the goods than the goods are worth.
If someone stole my laptop, and my laptop had an encrypted file with all my passwords. I would still feel compelled to go change all those passwords.
The IK also has a password generator, so my individual account passwords are now secure as well.