Thank you so much Sir!
That helped alot.
I am assuming that the until itself will have to be grounded to the engine block correct?
No. No grounding what so ever. Just 2 bolts to mount it, and the one wire wrapped around the spark plug wire, I think like 3-4 times, if my memory serves me right. It's written in the instructions that come with the meter. I know there's some program stuff, like for maintenance and stuff like that. I didn't use that feature. I know when I changed my oil last and such (which I haven't yet, cause I only have 11.8 hours on it). With the amount that I'd be running my engine, I'd be safe in changing it once a year.
If you have any other questions, feel free to ask.