Once again we are talking about having an email retrieval function while not storing the email address in plaintext. A "global salt" or "pepper" (as we are apparently calling it now) just prevents enormous pre-generated rainbow tables but admittedly in today's gpu dominated cracking environment it probably doesn't get you much.

Personally I think not having a password retrieval function while simultaneously forcing all of your users to reset their password is a pretty user unfriendly tactic for the protection of an ostensibly public piece of information.