I have come across a very handy and dangerous tool
http://www.download3k.com/Protected-Storage-PassView/Download-Free-pspv.zip.html it is a tool which reveals all the passwords stored in Internet explorer, not only the passwords but it also reveals the web forums that you had completed and the data stored in them and the outlook express accounts passwords. I had run this on my PC and the results scared me, the output had just too much private data about me, however one problem is that this tool does not yet work with IE 7, if you have upgraded from IE6 than running of this tool will only reveal the passwords which you saved while using IE6

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