This isn't really a security issue as noone would ever trust the Opera Wand anyway but if you need to recover a password from your wand database it can be quite annoying to setup a proxy server and sniff the network traffic or buy a Opera Password Recovery Software (if you're not able to do the former).
But you're lucky - here are some simple steps to get your password back ... 1. Open the website where you stored your password before. You should see the yellow border around the input fields.
2. Press Ctrl+F3 or Edit - Source to open the sites sourcefile
3. Find the location of the username/password input tags. Above these tags there should be a line <form action="..." method="POST">
4. Change POST to GET and press Apply Changes in the toolbar
5. Go back to the website and press Ctrl+Enter to apply the wand data to the fields and submit the form.
6. Check the site URL in the address bar - you should see your password in plain text.
This should work with any website no matter if ssl is used or not. If the target site redirects you to a new URLs you can either change the action="..." to something that doesn't exist or uncheck Advanced -> Network -> Enable Automatic Redirection.
Another way to get the password is using the Opera powerbuttons: http://operawiki.info/PowerButtons#retrievewand
And yet another way is to:
1. Perform steps 1 to 3 from above
2. Change type="password" to type="text" in the input tag for the password
3. Press Ctrl+Enter on the website but stop the loading of the target website
4. you should see the password where you normally see the *******
Setting a Masterpassword right now might be a good idea ... ;-)
