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this is if you have forgotten the password you use to sign into xbox live NOT your email password
first you will need
modio
a tranfer cable
xport/xsata
hard drive
first extract your profile to your desktop
next run modio and goto tools>profile tools>account tool
next press load profile. then extract from profile and save to your desktop as your gamertag
next load your account you saved a moment ago and hit decrypt account
from here, you can do many things, however for now i will concentrate on password.
you can change your password from here to anything, this is useful if you have forgotten your password and would like to change/recover it
after all the changes you do, hit save account. then encrypt account.
then hit inject into profile and choose the one you extracted from your hard drive.
now, rehash/resign your profile, and inject back into your hard drive.
but then you could just sign into msn, and change it that way... instead of doing it that way.. easier the msn way lol, does the same thing... anyway nice find