I have an Imac, early 2009.
I have set the firmware password when my OS was on Leopard, with the install DVD as the startup disk. Since then, I have upgraded to Lion OSX 10.7.3. I have created a DVD with the Mac OS X Install ESD package and have booted with this DVD as a startup disk by changing the startup disk in the system preferences.
While trying to reset the PRAM, NVRAM and SMC, I got the lock interface asking for a password. I've entered my firmware password and was rejected. Actually, noting happened. The field got blank again. I'm assuming that the password didn't work since it didn't unlock the access.