Hi @EpsilonDelta,
thanks for your comments!. 
Partitioning is covered in great detail with a link to this guide (included above) which is explained step by step:
As far as your remarks about the boot loader go, I thought it sounds okay, please feel free to write how you think it would sound better and we can edit the thread no problem.
Edit:
I added the following line:
(Where it states "Device for boot loader installation" just beneath the plus/minus/Change buttons).
Is that what you meant?.