No, it's different from the router's admin password. Most people are
familiar with the fact that the router has an admin password (which
many people never change from the default!) and the password or
passphrase required in order to connect wirelessly, but if the router
has WPS there will also be an 8 digit numeric PIN code. Some router
interfaces don't show you this PIN or allow you to change it.
Note that WPS can be called something different by every router
vendor. Linksys calls it Secure Easy Setup, for example.
Someone will correct my math, I'm sure, but an 8 digit number has
about 10 million possibilities and would take awhile to guess. On
average, you'd have to guess about half that number, but it gets
better. As it turns out, the 8 digit PIN is really composed of a 4
digit PIN and a 3 digit PIN, with the trailing digit being a checksum,
and the router will provide indications when either half of the PIN is
correct, so in essence the max number of PIN attempts is something
like 10,000 for the first half and 1000 for the second half, for a
total of 11,000 possible attempts. Again, on average, you'll have to
do half of that, so expect to make about 5500 access attempts before
being successful. Experts say that can take about 4-6 hours. What
happens when you supply (or guess) the right PIN? Why, the router
simply hands over it's wireless password/passphrase. As you can see,
the length of the password or passphrase doesn't matter in this
exploit.
Does that help?