The old Password generator that allowed you to customize options when generating the password was much more useful. I use different lengths and complexity depending on website.

There are several ideas listed that are the same idea - should be merged:
eg. https://splashid.uservoice.com/forums/291828-general/suggestions/7694427-i-do-not-like-that-the-passwords-are-masked-i-wa

Please return the password generator options to the "record"-"edit" and "new record". "Settings"-"Password Generator" is a pain!