Bug 5779, since v7.6.1. cprim opened a ticket and attached it to the bug.
Seriously, I'm more than a little dismayed that this has been an issue for so long without more complaints. Either very few organizations out there care about ease of accessing their test environments, or the vast majority of them don't care about sharing their passwords with everybody with a packet sniffer.
Just makes me want to go drive around town. Just me and my laptop. Cruisin' the streets, cruisin' the air, lookin' for whatever comes our way.