Comment #32 on issue 1397 by [EMAIL PROTECTED]: Master password is missing
http://code.google.com/p/chromium/issues/detail?id=1397

> This is an issue and a security risk.  Someone walking
> away from their computer without locking it should not
> consequently put at risk every single account/password
> they have saved in chrome; this turns a small security
> risk into an extremely large one.

Someone who walks up to your unlocked computer can just install a  
rootkit+keylogger.
There is nothing the browser can do to protect you from someone with  
physical access
to your machine.


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