The only difference between this and the original program is that it has been translated into English.  If I've missed anything or broken anything, notify me and I'll correct it.

[from the original thread]

I created this application to give VS2005 a try.

What it does is simple, it encrypts and saves you password to a yaps file. Append ".xml" to the end of the file name and voilá!, you'll see how the passwords are saved, plain XML structure.
All the passwords are saved with DES with a key you must enter, but that key is also encrypted and saved in the file. The key used to encrypt the key you enetered is hardcoded and you will easily find it if you debug the code.

Since I wanted to try the new Framework 2.0 features it might be a good example for those unfamiliar with generics and stuff.