In HTC S740 manual there is procedure for hard reset that uses program called Clear Storage in order to reinitialize phone. That will not help you if you forgot password or your phone cannot boot.
In order to perform real hard reset on this device, you need to connect your phone to power (via mini-USB cable) and turn it off. Once it is off, press D-Pad Center key together with Volume Down key. While holding those two, shortly press power button. You should get white screen with instructions. You can release those two keys and press Volume Up if you are sure that complete deletion is fine with you. Any other key will cancel process and continue with boot.
Please notice that if you complete procedure ALL your data stored on mobile phone is gone and there is no way to get it back.
[2009-06-30: FAQ entry was added on HTC support site with this procedure described.]
For those who are not familiar with it, it is small utility that sits in your tray, comes when called, allows you to write some notes, and goes away. All that with auto save feature that ensures you don’t lose one bit.
More interesting changes for 2.00 include:
Changed menu appearance.
Added Ctrl+1, Ctrl+2, …, Ctrl+0 shortcuts.
All code is in one .exe.
Support for RTF.
Auto update in case of direct file system changes.
Internet Explorer 8 is out. I have mixed feelings about it. While I do like new version, I will not be able to use it for now. Microsoft decided that Windows 7 users need to wait.
If you are not irresponsible enough to use Windows 7 beta, you can download your copy here. Windows XP and above is supported.
For those who are interested in history of Microsoft, Channel 9 has some videos. At this moment they cover years 1975-1980, but they do update it weekly.
It is few minutes each so you will not waste much time. :)