@FurryNutz: Are you sure that a firmware update resets the password to default. I ask, because my password is still the same as it was when I first commissioned the camera with mydlink.com (using the wizard). I have updated the firmware at least once, and perhaps twice, as it got updated without (I think) my intervention. That being said, I notice that when I go through mydlink.com and access the Setup tab, and click on Advanced, it shows the username and a password. I can then look at the password in the clear by just clicking a box. I wondered about security at that time, but did not get too excited since all my camera is doing is monitoring the temperature in my furnace room. (My neighbours do the "house watching" for me.)
OTOH, someone who is relying on mydlink.com and the camera for home security might be wise to look further into this. Just my 2 c worth.
Regards,
Bob