Well I don't know about your experiences but I often use this feature when someone has forgotton their pass in the chatroom and ask to save messing about with emails etc I do change the mods passes for security and give them to them rather than have email notification which is always open to being hacked this is also done through the chatroom manually after checks and it's our own chat server and secure.
This is a feature I use and I would like to have to option to keep it as would it seems many others for the same reasons.
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