As most people don't host their sites over SSL, their passwords will be transmitted in cleartext. I'd recommend adding yourself twice - once as an admin account (yourselfAdmin), with a very strong password that you rarely use, and a contributor account which can only create content and could be used on a daily basis.
Ideally, admin tasks, and ideally content creation, should be done locally by using a ssh tunnel to your DB (which can be slow), thus avoiding sending passwords over the wire in cleartext, or using a local copy of the DB and syncing (which I've never figured out how to do).
Thanks for your efforts. Might I suggest adding them to the wiki so that others can add their ideas and correct any bad advice if it's found?