From Genius Hackers: Secure your blog from hackers.
My password is pretty sad. That was the last of the points in the post. But, I’ve had experience with my domain being hacked and I know I should improve this password. I just keep not doing it cause it is a nuisance to remember yet another password. Not so long ago they were just something a site did to show off and make itself exclusive. But passwords (many of them) are not just fluff any more. Whether you like them or wish they were never invented a password is one thing you can do to make sure you can keep your blog under your own control. I don’t know how you would ever get it back again if a Blogger blog were to be hacked.