Tealeaf: Set up Magento

To access admin page go to http://127.0.0.1/magento/index.php/admin/ (change localhost to 127.0.0.1)

default password for admin is 123123

To change the password 

UPDATE admin_user SET password=MD5('mypassword') WHERE username='admin';

change {{base_url}} to the exact web address

source:http://www.magentocommerce.com/wiki/general/resetting-admin-password

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Login and Add to cart Problem

But due to standard restrictions browsers don’t save cookie for domains with no dots in domain name. You can try to access it with http://localhost.com

/magento 

reference: http://www.magentocommerce.com/boards/viewthread/4337

Solution

Using 127.0.0.1 instead of my machine name.  

Note: Don't forget to change the default link in magento configuration page and Prototype_usf target page

Anyway, in IE, Fiddler cannot capture 127.0.0.1 host address.  So, using Firefox instead.

Go to Tool -> Options -> Network tab -> Connection 

click on setting button

remove 127.0.0.1 from "No proxy for"

restart Firefox

This will make Fiddler work with 127.0.0.1

reference: http://stevesmithblog.com/blog/fiddler-for-firefox/

Note:  event.KeyCode does not work with Firefox -> find the new solution