hi Brad.
Firstly, I love the idea of pay pow! pay or we shoot you! lol!
it's actually pay pal, as in p a l!
Second, as to your password, make certain your clicking the right link in the mail. I've never used that system for paypal, but often their mails have a "if you need to do more go to www.paypal.com" type of link, so read the mail carefully and make absolutely certain your clicking the right link, ie, the one that sends you a new password.
if you do run into problems though, Paypal's customer services are very good, and I've phoned them myself.
They are such a major company they have to have good public relations.
I'd very much advise you to choose a password which is different from your usual one, and is long and complex, but possible to remember.
my normal password that I use on forums and such is nine characters long and just has letters, and even if I need a number I just stick an extra one in.
My password for paypal though is 18 characters long, completely different and involves letters and numbers and a capital as well, yet is something I can always remember.
With our dreaming and singing, Ceaseless and sorrowless we! The glory about us clinging Of the glorious futures we see,
Our souls with high music ringing; O men! It must ever be
That we dwell in our dreaming and singing, A little apart from ye. (Arthur O'Shaughnessy 1873.)