No worries, we all start somewhere.
First you need to put the touchpad into developer mode. This is pretty simple, just type:
That'll bring up a little icon for developer mode. Click on it and turn it ON.
Next, you'll need webos quick install:
Download that program. It's a java .jar file, so if you don't already have java you will need to install the java runtime environment to run that file. You can download java here:
Download Free Java Software
Now, run plug your touchpad into your COMPUTER with the usb cable, and open up webos quick install. DO NOT PUT THE TOUCHPAD INTO MASS STORAGE USB MODE, just leave it charging and on normally.
Webos quick install will likely need to install a novacom driver to be able to talk to your touchpad, let it do so.
Now your touchpad is ready for homebrew. First things first, you want to install the preware application. On your -COMPUTER- in the webos quick install window, click on the little globe icon on the right. That will bring up a list of applications you can install. Select PREWARE from that list and install it.
Now you can close webos quick install, pick up your touchpad. Go to your downloads folder on the touchpad (click the arrow, swipe to the left past your applications). Now open preware on the touchpad.
Now you're ready to patch and modify in earnest. Preware lets you do all the downloading and handling of your various homebrew right on the touchpad. Search for Internalz and install it + any required packages. The touchpad may ask to reboot, feel free to let it do so. Now search preware for preader. Install the alpha.
You've just gotten started, but that'll at least get you as far as book reading. From there, I suggest you start installing lots of fun patches to make the touchpad amazing. Go into preware and select patches. My personal "top" list is:
advanced reset options
faster card animations hyper version
increase touch sensitivity and smoothness 10
muffle system logging
quiet powered messages
remove dropped packet logging
unset cfq io scheduler
unthrottle download manager
You can get fancier as well - for instance, I suggest you use preware to install the Govna application and Uberkernel (search preware for both of these things). Once installed, go into govna, select profile, go into advanced settings with the ondemand profile choosen, and change the CPU frequency to 1512. Tada, you've just overclocked your touchpad. Enjoy it .