Reset Mac Password (SIMPLE) (Lion/Mountain Lion and all other OS)

A revised video for resetting mac passwords for all mac OS. 

Important: Capitals matter in the commands

 Also Important: For Mac OS 10.6 or earlier Command 2. should be....
 launchctl load /System/Library/LaunchDaemons/com.apple.DirectoryServices.plist

Commands List
 1. mount -uw / 
2. launchctl load /System/Library/LaunchDaemons/com.apple.opendirectoryd.plist 
3. dscl . -passwd /Users/yourusername newpassword 
(note for usernames with spaces "quotation marks" should be used as well as underscores (_) for spaces) 
4. exit