The Web would be a happier place if virtually all Reset buttons were removed.  This button almost never helps users, but often hurts them.

Reset clears away the user's input on a Web form, but why would people want to do that? The Web is characterized by frequent movement between pages and users rarely encounter the same form twice. Thus, a Web form is almost always cleared when the user sees it. Even when a user revisits a form in a single session, it is usually faster to edit the old data than to erase it and start over.

Consistency breeds familiarity, and familiarity breeds content(ment);