I'm currently in the middle of doing mine, and writing a how-to too.
http://www.volvo300mania.com/forum-uk/v ... 13&t=11630
I'll hopefully start it properly next week, though Ive been saying that for weeks!

As far as conversions go, its relatively straight forward, little or no fabrication work. Its bolt in provided you get the engine from an early clio or megane (preferably clio) as the late variations differ, and are harder to crack (immobilisers etc). having a 1.7 donor is very useful too!
As far as rebuilding an engine goes, I like to have a schematic and specs of the engine, diagrams etc so I can use them as references when rebuilding it. Simply put its just a lot of bolts, but thats a VERY loose way of putting it. I'd definatly take your time about it if is your first rebuild (eg unlimited time frame, dont want to rush and miss one bolt!), and have as many references, torque settings etc at your disposal as you can. Theres a lot about the F7R engines already, so there are a lot of references. That, and theres a tonne of lads on here!
Out of interest, how much have you done with regards to car work?