This is a very good idea

Now, i am not a genius when it comes to computers, but i have enough basic knowledge that i feel like i can come up with an educated guess.

In theory you're idea should work, but i would in combination use a virtual machine that only can be accessed by this NONE admin account, while also blocking all access to the ADMIN account and blocking ITS access to the basic account. What you said is what i am basically saying. Stick a virtual machine on too the computer with a very STRICT Admin account that BLOCKS ALL INTERNET access ( you can set the virtual machine to unplug its internet per-say and only plug it in.. * turn it on * when needed to Add money to the account. While also adding a whole bunch of system security to the whole computer and its virtual machine.. doubling the needed strength to get into the file.. yes if he accesses the virtual machine he in theory could crack it open, but if you lock it down in a file with a extremely long password the computer it self should be fine. I dont have a whole lot of experience with virtual machines but if im sure i dont think the bios is that mod-able.

Cncmasterw - p.s. I'm not student major with English. and im not very good with periods and commas!~

Putting my 2 BTC in...

You need to diversify your holdings.

A large portion must go off-line. If your Bitcoins have been secure up to this point, it's relatively safe to assume that your computer has not been compromised so download the BitAddress.org page and save it to disk. Disconnect your computer from the network and generate some Bitcoin addresses. Print them to paper several times. Close your browser and reconnect to the Internet. Send the majority of your Bitcoins in multiple denominations to different Bitcoin addresses. For instance, if you have 1000 Bitcoins and 10 addresses, send 100 Bitcoins to 9 addresses and leave 100 Bitcoins in your online wallet.

Next, download BitcoinSpinner, or some other method to keep a wallet on your phone. Send 10-20 Bitcoins to your phone for casual spending while out and about - offering to pay your friends, family, coworkers Bitcoins in return for buying your lunch or paying your beer tab.

The 50 remaining Bitcoins in your desktop wallet should be for funding your phone and online purchases and holding new bitcoin you purchase from exchanges, etc. When you exceed 50 BTC, send some more to your off-line addresses. Only keep on your phone and desktop what you need for spending.

When it comes time for a big purchase, you only need to import one or more off-line addresses to fund your purchase - rather than the entire amount offline and risk losing it to malware.

Now... to protect your online wallet... you need to be operating outside of the 80% of the average users because that is what malware targets. Anything you do differently will help you miss becoming a target. Encrypt your wallet. Store it in a truecrypt volume. Use a VM. Use Linux as your Bitcoin OS. Buy a dedicated netbook and never use it for anything but Bitcoin.

The only 100% secure wallet is a wallet that on a flash drive in a vault.

lol, just write down the code on paper. lol

This is great info for a BTC newbie like me. Been having fun reading all the possible ways to keep your wallet safe.

Thanks for the info!

While it seems like overkill, it is actually pretty similar to the directions on page 1.  Armory on a separate system isn't so different from running a live cd like recommended here.  Armory is also by far the easiest client I've used (if you can get past the RAM requirement which will eventually be going away).  An offline armory system is also actually offline, unlike the live cd which needs an internet connection.  It has no need to update the blockchain, which will likely take a long time and kill your poor flash drive.

You can also do online transactions with Armory on your normal computer for your everyday funds.  The wallet file (or files since it supports multiple wallets) is far easier to maintain and only needs to be backed up once (unlike the Satoshi client with its keypool).  Armory supports encryption of the wallet as well, so installing it gives you a secure wallet without having to deal with live cds or anything like that.  A key logger would still be bad, but if you didn't mind setting up a live cd like these instructions recommended, you can just use armory with a live cd.  That's what I did until I got an old laptop running.

Useful information,thanks.