Phonetically Memorable Password Generation Algorithms

Question

Background

While at the Gym the other day, I was working with my combination lock, and realized something that would be useful to me as a programmer. To wit, my combin

Answer 1

I would really love to see someone implement passwords with control characters like "+N" or even combo characters like "A+C" at the same time. Converting this to some binary equivalent would, IMHO, make password requirements much easier to remember, faster to type, and harder to crack (MANY more combinations to check).