Interesting password analysis from iPhone passcodes in Big Brother Camera Security (Free) from Daniel Amitay:
Naturally, 1234 is the most common passcode: mimicking the most common internet passwords. To put this into perspective, these 10 codes represent 15% of all passcodes in use. Most of the top passcodes follow typical formulas, such as four identical digits, moving in a line up/down the pad, repetition. 5683 is the passcode with the least obvious pattern, but it turns out that it is the number representation of LOVE (5683), once again mimicking a very common internet password: “iloveyou.”