Password managers, yay or nay?

[daxda]

Simply put, I got various emails from Facebook this morning stating that my account has been reactivated (which I obviously didn't do)
and all of a sudden I got 32 new friends (yay!). After a bit of a mind struggle between "these emails must be scam" and "oh shit who haxxored my ass?", I found that these mails were indeed for real. As I attempted to recover my password, I came across a happy little message which read: "Your password was changed at: Yesterday at 11:13pm", and people who know me even just a tiny wee bit, know that I strictly fall dead to bed at 8:00 PM (don't ask why). Either my password got hacked or a session cookie stolen (if that's even possibru). I did not use any kind of password managers in the past and thought, this might be a good time to switch.

So now my question(s) for you:  What is your opinion on password managers?
                                                     Do they provide a secure way of storing and managing passwords?
                                                     Do you use them personally?
                                                     Can you recommend a certain manager?
                                                     

[Kulverstukas]

Nombre Uno rule of security - never re-use passwords. I hope you are smart enough to realize why.
But having to remember hundreds of passwords could be tedious, so I use a password manager call KeePassDroid. It's an android port of KeePass, so that means same DB can be used on the computer too!

[Matriplex]

Nombre Uno rule of security - *snip*

I dunno if you meant numero? Nombre is name I believe.
Please don't kill me

On topic, I don't ever use password managers simply because I don't have that many accounts, however I have nothing against them. If you are smart and know how to protect yourself/computer you should be safe using one.

[FLU5CH (The Blue Matrix)]

I personally only use two different passwords but each is extremely long and complicated, it has never been hacked so i see no issue with having to get a password manager

[rasenove]

I personally only use two different passwords but each is extremely long and complicated, it has never been hacked so i see no issue with having to get a password manager

It's not safe to use the same password in many places. No matter how long and complex it is. If the password isn't stored in a secure way by  EVERY website you've registered with it, then pretty much all your accounts are equally vounreble. No matter how secure one is to the other.

I personally don't use a password manager mainly because I don't have many accounts and have my methods to remember the ones I have. But I say why not if you need it.

[Daemon]

I personally only use two different passwords but each is extremely long and complicated, it has never been hacked so i see no issue with having to get a password manager

No way!
It couldnt be...
Do i smell a...
oh my god it is! A CHALLENGE!

CHALLENGE ACCEPTED!   

I'll be waiting for your hashed password, feel free to post or PM