Sure, but I won't, and neither will many other people, realistically.
There is no technical need at all for the same password to gate both local device unlock and remote end-to-end encryption key escrow.
It's a pure security vs. availability (and realistically genius bar support load) tradeoff, and I even think they nailed it for the vast majority of users! I just wish they'd let advanced users participate in that tradeoff more actively.
