Instead of a search space of 1 you augmented it to N which is likely <= 2^10. Still a pretty terrible idea to trust a password like that.
I agree, however, it ran on our own server so it was OK-ish.
That's a nice idea! I just created this password generator for fun like other utilities in java but I don't know just this one generated so many interest. You can see the source code using the button to the bottom right (the one that has 1's and 0's)
Today, keepass does the job just fine.