CAPTCHA: A GOOD IDEA GONE BAD.

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For those of you who are unaware of what "Captcha" is, it's the annoying validation text that asks you to retype the letters or numbers shown in an image file to insure you are a real person and not a computer bot  trying to access your account.

It's supposed to be an added level of protection, but what was once a good idea has now become a test of your ability to read hieroglyphics.  Why are they so hard to read?  I'm assuming this is because computer bots are getting better at deciphering them, but the idea isn't to make it hard on the end user.  Is this really the best we can do to secure our account access?

Does the above text make you feel safer?  How about the words below?  Providing that you can decipher them, do you think your account is worth all this?