Is it possible to decrypt MD5 hashes?

Question

Someone told me that he has seen software systems that:

1. retrieve MD5 encrypted passwords from other systems;
2. decrypt the encrypted passwords and

Answer 1

The only thing that can be work is (if we mention that the passwords are just hashed, without adding any kind of salt to prevent the replay attacks, if it is so you must know the salt)by the way, get an dictionary attack tool, the files of many words, numbers etc. then create two rows, one row is word,number (in dictionary) the other one is hash of the word, and compare the hashes if matches you get it...

that's the only way, without going into cryptanalysis.