Hash password in SQL Server (asp.net)

Is this how a hashed password stored in SQL Server should look like?

alt text http://img28.imageshack.us/img28/2545/88871034.gif

This is the function I am using for hash password (I found it in some tutorial)

public string EncryptPassword(string password)
{
    //we use codepage 1252 because that is what sql server uses
    byte[] pwdBytes = Encoding.GetEncoding(1252).GetBytes(password);
    byte[] hashBytes = System.Security.Cryptography.MD5.Create().ComputeHash(pwdBytes);
    return Encoding.GetEncoding(1252).GetString(hashBytes);
}

      

        
        
        
      

    

EDIT I tried using sha-1 and now the lines look like they suggest:

public string EncryptPassword(string password)
{
    return FormsAuthentication.HashPasswordForStoringInConfigFile(password, "sha1");
}

// example output: 39A43BDB7827112409EFED3473F804E9E01DB4A8

      

        
        
        
      

    

The result with the image above looks like a broken line, but this sha-1 looks ok ...

Will it be safe enough?