Neat trick to safely login without worrying about keyloggers

It involves typing random characters between successive characters of the password, and changing focus to and from the password field using the mouse. Instead of the password snoopy2 the keylogger now gets: hotmail.comspqmlainsdgsosdgfsodgfdpuouuyhdg2 Here a total of 26 random characters have been inserted among the 7 characters of the actual password. In general a total of n extra characters in a length k password will yield so many possible passwords that attack is infeasible (recall the password that can only be tested by attempting login).

Full article is outlining this as a method to safely login from a computer at an internet cafe.

Read the full article here (pdf):
http://cups.cs.cmu.edu/.../herley-poster_abstract.pdf