I'm afraid I have to agree with Menotu here. The best I can suggest for a How-To is my earlier post in this section - http://www.pclinuxos.com/forum/index.php/topic,111966.0.html
. However, if that level of detail is insufficient, then I'm afraid you're taking on a bit too much.
P.S. the hard part about compiling a new kernel is not the mechanics of what to execute when, it's how to configure the kernel. There are thousands, if not tens of thousands of configuration options. Most don't make any sense unless you've spent weeks or months researching them. It's not exactly something you can just dive into on on your own without prior knowledge
P.P.S. Starting with 3.6 kernels, many of the Audio/Video driver configurations have changed, which means that even the 3.2.18 starting point of your current PCLOS kernel is not exactly a perfect starting place.