Is it true that FileVault can be decrypted without a key?

Hello,
I just turned on my FileVault 2 like 3-4 hours back and was just web-searching how secure it was.
I happen to come accross a Youtube video and a website that says it can be decrypted without any key.
The software: http://www.lostpassword.com/news/pnl61.htm
Could anyone please tell me if this is true?
Thanks,
Graham Miranda
<Link Edited By Host>

I would not turn on FileVault unless my Macs were in a "hostile" environment. I also do not trust 90% of YouTube's content. You can test this yourself - no need for a second computer: clone your hard drive to an external drive so you have a bootable copy. Then follow the steps shown. If it works, fine. If not, wipe your drive and clone back your system.

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