Well, since you have read up on it I won't go into the details of everything involved, but I can tell you that from experience of working on all kinds of FWD vehicles that front wheel bearings are a pain. The CV shaft nut is almost always frozen and without air tools are next to impossible to remove. Then after the steering knuckle is removed from the car, the hub has to be pressed out of the bearing and then the bearing is pressed out of the knuckle. Taking it apart is no problem because you don't have to worry about messing up the damaged bearing, but pressing those three pieces back together can be tricky. Once it is all together and installed back on the car, you are going to want to have the front end realigned.
If you want to do this in your driveway, by all means more power to you. It may be possible to do it that way, but I would recommend having a shop take care of it, especially if you dont have the air equipment.