i just watched my homie do this the other day..
it was real easy, just drag and drop..
i was just observing, but i can probally find out all the details if you want..
i know you need version 1.5 and a large memory card to start off..
It's worth it, just try and get it at one of those small stores like where they sell mod chips and stuff. Cause the could tell you what firmware your getting and make sure it's 2.71 or under so you could downgrade it to 1.5. It's pretty simple cause there's automatic installers for downgrader (somewhat) and devhook (which would emulate a higher firmware and load the isos in the xmb.)