Hello. I have a Verizon iPhone with 4.2.8. I just restored my phone and rejailbroke it. While I was setting it up, I noticed something I didn't like . . .
As I was setting up my various apps by logging in with username and password, I noticed my passwords would become visible upon submitting the credentials.
So, I would enter my password and would see ********. Once I hit submit, the ******** changed to the viable password. Maybe this has always happened and I never noticed.