To a certain extent, yes that's true. If you're trying to protect against just humans guessing your password, then that'll work fine. However, if you're up against a password cracker, that would fall with ease. A password cracker can discern anything that's based off a dictionary word(s) with ease, even if you do replace the A's with @'s and the I's with 1's. The best password is 8+ characters long, not based off a dictionary word (or slang), contains variations of capital and lowercase letters, numbers, and characters.
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