I sit down at your computer and Opera is open. I go to facebook.com, click on the password field, press ctrl+enter. I then use the dom editor to change the field to text. Will I see the password?
You will not, because that domain is blocked in every OSI layer possible in my local setup. ;)
But seriously: Yes, of course you would. They have to be pasted in clear text. There is no other way to do this.
But that's not the point. The point is that you do not get to use CTRL+ENTER in the first place! Unless, of course, you type in the master password, which Opera will forget after x minutes (zero if you want it to be forgotten instantly). So you have a windows of x minutes after I've used the password manager for the last time to do your "DOM hack".