I'm running SQL 2005 client tools version 9.00.3042.00.  Every morning I connect to my dev server to run queries, analyze data, etc.  Despite checking "Remember Password," the MSSMS (horrible acronym, by the way) dialog refuses to remember the password.  This is by no means a show stopper, but it certainly is frustrating, especially if you use strong passwords.

If you're witnessing the same behavior, please tell Microsoft by voting "up" this bug, and they'll work the issue.