You just replace your old bleaders with the russel bleaders. They have a check valve in them so you cant suck air back into the lines. All you do is losen the bleader like normal then hookup a hose and pump the brakes.
I have the Mityvac Brake Bleeder Kit which I purchased at Autozone for around 30 bucks. It works great but will give your hand a work out by the time you bleed all 4 corners. I think the speed bleeders are a great product also but if you are using those and don't have a spotter looking at the line you can't tell for sure when all the air is out of the lines.
What size bleeders do we need? Is it different for fox bodys and 94/95's? How do you completely drain the brake fluid? I wanna drain all mine and add in all fresh fluid and then bleed it on my 92.
Edit- I just clicked the link the guy above posted, thanks!