The password for admin access to the modem? I would definitely change it. It may or may not be the case that the modem’s admin web UI is accessible from your main LAN _through_ your router, so for example PCs on the LAN could get at the modem and users could fiddle with it. Ditto with telnet access to your modems from the main LAN. With my Firebrick router, the modems were isolated from the main LAN, the router provided no access through to the modems’ admin interfaces, neither by telnet or to their web admin UI, so users could not tamper with the modems. But I set a strong password anyway because later on I did manage to work out how to get my router to provide admin access to the modems, so they were then exposed.
That is the great thing about the Vigors, in my experience, you just plug them in and they work, zero config.
The Vigor might be a great performer because its chipset is related to that in the particular FTTC cab. That is very true for my ZyXEL VMG 1312-B10A modems and my exchange’s DSLAM chipset: both are Broadcom-designed and both speak Broadcom’s PHY-R L2 retx protocol (gives greatly enhanced reliability, and in a sense more speed, as you can risk pushing it harder), which is more-or-less the same as G.INP for ADSL2(+).