When typing a password with the virtual keyboard, the SMS style is disabled.
So you have to navigate to each letter on the VK to select that one, and that kind of defeats the need for displaying the typed letters with a '*'
Previously, in SMS style, you could press the number buttons enough times to get each letter, and it's much harder to see which, and how many times each number is pressed

h4. Steps to Reproduce
Navigate to something where a password is required (f.e. browsetheweb select the login button on the forumpage). It defaults to character mode, and no way to set it to SMS

h4. Additional Information
Seems only related to password fields (confirmed with BrowseTheWeb plugin).
TV EPG 'search by title' seems to work fine with SMS Style Keyboard.