Windows 7 - Homegroup Password Lost

I am attempting to setup Homegroup for first time on new computer, I was asked to set a password. The first pw was only 7 letters. It was rejected as requiring 8 letters. Attempted to re-enter new password and program states its the wrong password. When I go to the homegroup page there is no link to see and change password. I am lost

I had the same issue but it did come back after a week or so. might have been as the result of an update, so make sure you have the important and critical ones applied. Also try a reboot with the network unconnected.

If you have the option take it out of the Home Networking setting and put it in the Work network setting.
Not sure if that is available on the Home Premium version of 7.

Again in MS's attempt to make networking easier they have made it harder to get all PCs on a home LAN to see and talk to one another.

This my friend is what with call a Microsoft Paradox. LOL