Pseudo Tv

Can someone point me in the direction for a newb to get some Pseudo Tv 101? There's a post out there that's 300 pages long and seems to have some good info, but I haven't even been able to get started with it. My research has given me different answers to the question of if you can use it to build channels based on say links in FreeTV or Icefilms. Is that even possible?

Thanks in advance if anyone cares to respond.