I think there should be a middle road between "Having a master password that you have to enter on every session" and "Showing all your passwords to anyone who has your computer long enough to click 3 times with the mouse". Something like "Require a master password before displaying your passwords on the screen in plain text". It wouldn't work against a tech savvy attacker, but it would slow down normal people who might want to see how many passwords they can memorize in the 10s it takes you to refill your coffee cup.