Boot cdrom to single user mode and mount the boot drive and modify the etc/shadow file to remove the crypt hash...See below
OBP:> boot cdrom -sw
#> mount /dev/dsk/c0t0d0s0 /a <Disk c?t?d?s? may differ>
#> cp /a/etc/shadow /a/etc/shadow.ORG
#> vi /a/etc/shadow
remove the root passwd hash
root:YKsdf8asdf76a:13209:0:99999:7:::
Modify the above line to:
root::13209:0:99999:7:::
Reboot the system and root passwd will be blank, so be sure to reset it.