Compulsive Internet ID-Card coming soon?

Google, Yahoo and Microsoft joined VeriSign yesterday at the OpenID-Foundation. The organization is working since 2006 on plans to introduce a Internet-ID-Card that will make all passwords obsolete. Critics warn, of course, about massive security risks involved in a "All-in-one-internet-pilot-license". You will get one password for all your log-ins. ..now this sounds truly scary to me.

From openID.net:
"In 2008, we can expect to see a larger focus on making OpenID even more accessible to a mainstream audience, the development of a World-wide trademark usage policy (much like the Jabber Foundation and Mozilla have done), and a larger international focus on working with the OpenID communities in Asia and Europe. Awesome!"

Awesome, my arse..