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I would definitely suggest not...
I would definitely suggest not storing passwords in TypeIt4Me
I think that’s absolutely good advice for your important “low-level” passwords, and I do wish all OSX apps would store only in the keychain.
But for frequently-used trivial passwords (thinking here of your “hamburger helper” web password MD5-able with Nic’s Bookmaklet, it seems not such a terrible idea. Depends on how public your mac is, how good you are about logging out, and, ultimately, how much security you’re willing to trade off for convenience, I guess.
Great advice though!