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Quote:if you get compromised and you're storing the passwords we all might "lose" the servers to someone.

I agree, that's the main issue. At some point it will get interesting for script-kiddies to try and exploit the database server. The final version (currently in development) therefore uses an additional script in the background that handles the ftp-connections and which encrypts and stores all login details with salts - which should be much harder to compromise.