I don't mean it shows you the key pressed, I mean in the form field itself it will show you the last plain text character entered. It sits like that for about 30 seconds and then goes to the password *.
Example
*****e and then thirty seconds later its ******.
This was introduced into the 2.0 upgrade.
hehe ya i know dude, it's a feature not a bug. They added it because as much as they claim the touch keypad is AMAZING people make a lot of errors when typing in passwords. So they added that so you can at least confirm you typed the last letter in correctly before pulling your hair that your password is wrong.