Well, some people on here seem to think that Google could get ahold of your password just like that.
That's not the way things work.
If some Google employee were to get physical access to the computer on which the data was stored on, he would get down to the servers, and realize that the data is encrypted. No problem for him though, because he's a Google engineer and can hack a password in an instant, right?
The data that Google stores on it's servers is encrypted with 256-bit AES encryption. It would take the NSA a millennia to get past those security layers. Unless they went up nicely to Google and asked.