Storing Login Errors

In an effor to post more often, I'm posting something very simple. I record (mainly for auditing reasons) all login failures. Nightly (at 11:59) I store the days errors in a table. This is how I do that:

-- =================================================================
-- Author:  Eric Zierdt
-- Create date: 09/24/2009
-- Description: Records daily Login Errors
-- exec DBA_INSERT_LOGIN_AUDIT
-- =================================================================

CREATE PROCEDURE [dbo].[DBA_INSERT_LOGIN_AUDIT]

AS
BEGIN
 
 CREATE TABLE #temp_login_trace
 (LogDate DATETIME,
  ProcessInfo VARCHAR(100),
  [Text] VARCHAR(MAX))

 INSERT #temp_login_trace
 EXEC xp_readerrorlog 0,1,'Login' 

 INSERT INTO dbo.DBA_LOGIN_AUDIT
 SELECT LogDate
   ,@@Servername
   ,ProcessInfo
   ,[Text]
 FROM #temp_login_trace
 WHERE LogDate > CAST(GETDATE() AS Date)

 DROP TABLE #temp_login_trace

END