Hello everybody!
Just test it in current version (not SVN) - works fine.
Regard
The changing of the password within the admin panel does work. HOWEVER, and it's a big however, the password MUST be 7 characters of less. If it is over 7 characters (or 6 I forget) then the wrong new password error is shown. The only way to change the admin password to be larger than 7 characters is to do it via the Admin's profile. I posted on this topic in December and it was ignored.
I still say it needs a ticket (and I'll put one on now).
I think it still goes deeper than that. In the last few mins I've tried using Admin to change the password to both "1" and "123" (no quotes). Neither worked. Went to my profile on the public side, and was able to change it right away. Went back to admin, still couldn't change it right back to exactly what it was, or to another number, like "2" and "456".
Tried again: used public profile to change password to "1". Logged out and back in successfully with "1". Went into Admin, tried to change to "2", "Wrong new password". Retyped "1" in "old" password, "2" and "2"..."Wrong new password." Went back to public profile side, changed it to "2". Logged out and back in with "2" successfully, went into Admin...still can't change password. Tried multiple other combinations as well, both less than and greater than 7 chars.