1: This is a 1.0 mobo with solder filled lpc holes. How do I deal with it?
2: How will flashbios respond to a clock loop? Will having an unlocked drive with MS dash be okay to set the clock so I can flash?

use the wire install method for a v1.0 to make it easier on yourself.

after a successful install, when u boot up, you get flashbios and you can flash via http or disc

Is a wires install hard? I have very little soldering ability

I came into modding without knowing what soldering was... But after I saw some pictures on how to solder I took out a board of a old PC (with points like the motherboard in the xbox) and I got some wires and started to practice soldering on that to get the feel of things.. After I felt comfortable to do it on my motherboard, it went all smoothly.. Just practice and practice until you get the feel.. Wire install is simple, just don't hold the iron there for more then 4 seconds, and don't get a iron more then 40watts... Get 60/40 Rosin-Core Solder..

Follow the advice from quake. Grab some kind of pc board and practice - it really shouldn't take long to get decent at soldering to drop your chip in. Only the D0 spot will provide a challenge and on the 1.0 I would go for the point on the underside of the board. Don't be in a hurry and be patient. Once your chip is in place you won't need to mess with it, so taking a littler longer to get it right is worth it.

If you have a network router, then network flashing the chip is easy and quick, just type the ip address from the tv screen into one of your PCs on the same network and follow the instructions.

good luck...