This is really strange - I've tried this password recovery, replaced the password and tried to login again - the same failure. Now, before starting a full paranoia, I am thinking that maybe they have some MySQL database that truncates the password I am entering or something. Unfortunately I cannot get another password recovery chance it says it is sending the email with a new password recovery key - but nothing new arrives, the first recovery email was there in seconds.
Same with me, i did a password reset and still cant login. If we go live and i cant access that piece of shit, im going to be really pissed off!