Well, I would suggest that first you get some inexpensive yarn to practice on. You're going to need to learn to knit and purl in the same row, yarn overs and decreases (k2tog and ssk/sl sl knit). Knitting in the round isn't hard, but without knowing how to do the basic sts in the pattern too well, it's one more thing to learn all at once. Even experienced knitters sometimes practice stitch patterns or a new technique on a sample piece before tackling a project.
sue- knitting heretic