This morning I managed to install WP and load a nice decent theme in about 15 minutes, quite nice !!!
After the installation I imported old posts from my old blog, which ran on version 1.1[something] and to my delight, a few seconds and it was inserted into the new database.
Usability of the new WP 2.2.1. is actually very simple. Will start organising the blog again when I get some time again, but at least I got every up and running again.