Highly customizable login box. You can easily float it left or right, pick from 4 color schemes and change every bit of text on every button and link WP Login Box dispalys. These include, buttons to login, logout, register, forgot password, and get to your profile. You can set custom URLs to get to all of these areas also if you have specific ones.
Still this is for people who can at least read through some php without fear. In fact it's method of application is ideal for theme developers who simply want to quickly see where they want to put a functioning login box without doing their own.
It works...and once it's a widget it will be a must have for any site!
3/5 ...for now :)