How to hack into Internet Explorer passwords

Most technologically savvy users are not using Microsoft’s Internet Explorer theese days,Instead they use Opera (I love it ) or Firefox from Mozilla.I recently found a tool that you can use to show you Internet Explorer Passwords,It is not listed as a hack tool but I consider it that way because If I am using Internet Explorer you can easily run it and find my web account passwords if you have acess my PC,Theese may not be true in all occassions but it will probably happen in a Family PC.

Some more details about the application(Majorgeeks)

IE PassView is a small utility that reveals the passwords stored by Internet Explorer browser. It supports the new Beta version of Internet Explorer 7.0, as well as older versions of Internet explorer, v4.0 - v6.0
IE PassView doesn’t require any installation process or additional DLLs. In order to start using it, just copy the executable file (iepv.exe) to any folder like, and run it. After running iepv.exe, IE PassView scans all Internet Explorer passwords in your system, and display them on the main window.
IE PassView utility can recover 3 types of passwords:
- AutoComplete Passwords:
- HTTP Authentication Passwords
- FTP Passwords: Be aware that in the last Beta of Internet Explorer 7.0 (Beta 3), FTP passwords are not saved in the system.