Reseting a pasword in Mac OS X 10.8 Mountain Lion

Well, I needed to reset a password on a newly bought iMac (they'd forgotten what they had originally put??).

I knew how to do it back in 10.4 but thought the method might have changed a bit. Anyway, found this nice article on it. Basically:

1. Boot into Recovery Mode (hold down cmd + R)
2. Go to Utilities > Terminal
3. type:
1. resetPassword
4. a password reset facility comes up
5. Reboot the machine!

Done.

A little bit insecure. I basically means anyone reading this article can reset anyones password and access their files (unless fileVault has been used which has a lot of issues with it)