For those who aren't happy with password on every wake, I've accidentally came across a solution to the problem. Basically you remove showing the "splash" screen that shows up before the actual screen where you enter your PIN or password. Then everything works as it should according to how your various settings are set. The only thing I've discovered as a possible downside is that you need the splash screen if you want to require hitting Ctrl+Alt+Del to bring up the password entry screen (apparently this ensures you have the real password entry screen rather than possibly getting a fake one trying to capture your password info -- who knew?). Doubt that most people use that anyway. Instructions on how to change this are here:
http://www.tenforums.com/tutorials/6...dows-10-a.html
Actually a lot of interesting tutorials there that are worth glancing through.