Does actually. I still require some of the password "rotation" schemes folks would use when we were forced to change them monthly (not a typo, sadly):
1qaz2wsx -> 2wsx3edc -> 3edc4rfv...
Pass1word -> Pass2word -> Pass3word...
Upper case, lower case, digit, special character, does not match any previous password, changeable monthly without having to write it down…