Password encryption using formsauthentication

Hi 


Just a quick question i've been asked to look at enhancing security but encrypting passwords we store in a db table, essentially the data thats linked to the user account isnt sensitive however its more to stop someone reading passwords out of the table directly etc


I've read multiple ways of implimenting hashing etc i've started using FormsAuthentication.HashPasswordForStoringInConfigFile
//create new salt and update the password
Hashtable newInfo = new Hashtable();
newInfo["salt"] = GenerateFriendlyPassword(5);

string tmppass = FormsAuthentication.HashPasswordForStoringInConfigFile(txtNewPass1.Text.ToString() + newInfo["salt"].ToString(), "SHA1");

newInfo["passwordHash"] = tmppass;
Generate friendly password returns a 5 char string based on a random position in a valid char array containing a - z and 0 - 9
At present the functionali ...