Making LBMs

[User_no_longer_active]

Hi all,
Is it possible to use Adobe Photoshop 7.0 to make LBMs?
If so, how do I go about it? I've seen some posts on here already but it's all double-Dutch to me! Layman's terms please! http://forum.shrapnelgames.com/images/smilies/happy.gif

Thanks!