Just from briefly going through them, they seem the same but one of them gives a lot more detail and step by step instructions.
What's your SPL? And if you're on Cupcake 1.5, you should give this a try.
(They have an old recovery image on that site, make sure you get the latest)
It's ridiculously easy and doesn't require all the commands on the desktop. But to be honest, all the methods aren't that difficult.
ps. Make sure you flash the right recovery image, read read read! Pick the wrong one and possible brick! Check if you're on 32A / B and yeah. You'll probably see all this reading anyways
Oh and I just noticed that you're going to buy one soon.. If you're from rogers then
But yaeh, other than that the two methods you're looking at are similar. I would probably follow http://wiki.xda-developers.com/index...pphire_Hacking
as it's step by step (When I was a noob I was so confusd with everything lol)
pm me if you need help and I'll do what I can