I have utterly failed to complete version 0.5 of the WP-Password plugin. That branch of development is gathering dust while real life intervenes. But I’ve knocked the dust off version 0.3, updated it per some feedback and debugging with gracious (and patient) users and have released version 0.4.
http://www.broome.us/wp-password
Let me know if you have any problems/questions/requests/good put-downs. 🙂