How to Remove and Reset the Power-On Password for a Thinkpad (Lenovo, IBM, T61, T400 etc)

How to remove a power-on password. This will not remove a supervisor password. If you need to remove a supervisor password, you will need one of these- http://www.amazon.com/gp/product/B004G2F6H0/ref=as_li_ss_tl?ie=UTF8