Yeah it's not going to ask for the password as a matter of course, you have to be trying to go into target disk mode for it to ask for it, so if you try to boot off of the dvd it should ask you for it. And yeah, all the utility does is ask you to enter the password twice. Hold down the option key while you boot up and it should ask for it, then it'll ask you which disk to boot off of. I'm not sure how to turn it off, I guess you just run it again and leave the passwords blank(?). It's not going to operate like a BIOS password in that it won't ask for the password just to boot up, you should use the login screen if you want that kind of protection. What this will do is prevent someone from formatting your drive in the event it's stolen or something and reinstalling Mac OS. I use this feature in conjunction with Orbicule Undercover to ensure that if mine is stolen, I get it back.