Is there an easy way to still allow user to set their own Drupal password?

I was able to accomplish this in a hook_form_alter via:

/**
   * Modify the user registration form.
   * We want to show the password field
   */
  if ($form_id == 'user_register') {
    $form['account']['pass']['#title'] = 'Password';
    $form['account']['pass']['#type'] = 'password';
    $form['account']['pass']['#description'] = t('Enter the password that accompanies your username.');
    unset($form['account']['pass']['#value']);
  }

But it would be better maybe if we had an admin setting to wrap this in a conditional in the gigya.module

// Set the password and hide the password field.
      $form_account['pass']['#type'] = 'hidden';
      $form_account['pass']['#value'] = user_password();

You could have a setting that says 'hide password' or 'show password' or whatever and use that as the basis for whether or not to hide/show the password.

And I know that the thought is - why make the user enter in a password - isn't it better to just use the social login? Well the thing is the gigya people are telling clients including my client that best practice is to show the password field. And so they are the reason we implemented the logic above. So even though I might prefer to hide the password, if the gigya people are telling customers to allow users to set the password, I think we should make it a settings option.