If you prefer to not encrypt the files to avoid remembering passwords, you won't be secure, unless you make a physical backup of the media holding your money and then put that backup in a vault (at your house or in a bank).
Actually, you could do a weekly trip to the bank and put your wallet.dat on a memory stick in a safety box. Assuming that you have that many BTCs to protect.
NO!! Encryption is not some magic thingamajawb that protects you from all evil.
Let me clarify: A _backup_ is of absolutely NO USE. So your weekly trip doesn't accomplish anything if the
very same file has been on your main operating system. This is a dangerous fallacy, hence my analogy with "keys" instead of "wallets".
Again: that would be like making a copy of your safe-key every week and putting that in the vault.
It has to be a new, untainted address, in conjunction with the wallet.dat that you deposit. Actually, this is way more convenient, since you
don't have to access your bank vault
at all. You just deposit/sent the coins into the right addresses.
I am currently experiencing the problem of having created a password that is "too secure". I am attempting to run the ruby code from another post on here. I would post there directly, but I am here in newbieland for a while.
Would someone care to point me to a comprehensive guide on how to run the ruby code on the post below and recover my wallet? I have not been able to find anything online that explains how to run a ruby script to interface with bitcoin, and I am a programming novice.
https://bitcointalk.org/index.php?topic=85495.20