Creating a new MySQL database with user

I do the following:

1. Start -> Programs -> MySQL -> MySQL Server 5.1 -> MySQL Command Line Client and provide password.
2. At mysql> prompt, type show databases;. This will display the existing databases.
3. To create a database "love", I'll run create database love;.
4.  Now if you try show databases, you'll see the "love" database.

But I want to be more fancy. I want the database love to be accessible by "lovely" with password "deadly" only from local machine. To do that execute the following query:

mysql> CREATE USER 'lovely'@'localhost' IDENTIFIED BY 'deadly';
Query OK, 0 rows affected (0.00 sec)


mysql> grant all privileges on love.* to 'lovely'@'localhost' with grant option;
Query OK, 0 rows affected (0.00 sec)