I am also proponent of the more "resource oriented" view of an application but I fail to see how the CRUD approach you proposed is unique in order to support the above.. Because, all of the things that you mentioned can be also implemented/supported if you transmit the tokens in query strings. I.e. /password/:token and /reset_password/?token=:token are more or less the same thing from the REST point of view although the first is more user friendly, cache friedly, etc. After all URIs are opaque to the client: http://www.w3.org/DesignIssues/Axioms.html#opaque and that's where HATEOAS enters so the client just needs to know a single (bookmark) URI and the hypermedia will guide to the creation of the rest resource identifiers needed by the application (HATEOAS is indeed the "highest level" of REST: http://martinfowler.com/articles/richardsonMaturityModel.htm...).
Unless you mean that by following the 'noun'-oriented view of the password tokens you can easily spot these operations in the apache logs.. to which I agree if you also include the user id in these URIs...