5. You'll see you've created a bitmap or .jpg file. This is called a map (sometimes also known as a template or seam guide). Now fire up Photoshop, paintshop pro or whatever paint programme you like. Load the map you created, paint, draw or paste stuff over this map and do a save as to create your texture. Sometimes you have to repeat the process for each part, sometimes like with V3 you might only need to make and use a few maps.
Pinky - you left the lens cap of your mind on again.