Both replacing the bars and brakes is super easy. Lots of info on the net.
The thing to keep in mind with the bar is sizing so that it actually fits in your stem. I had to get a new stem to fit the bar when I got it. I went to a local bike shop went through their used parts bin and got an old cinelli stem that fit the bill. If the stem clamp size is a bit too big you can use a shim. You can even make your own shim out of a cut up pop can. Lots of info about this on the net.
With the brakes you will just have to keep in mind brake caliper reach. Ie. that the brake pads reach the rim. Also make sure you are using a road caliper with a road brake lever. You probably are or will be but mixing brake lever meant for mountain bikes can result in an incorrect amount of pull on the brake cable. Again this is probably a non issue for you.
For wrapping bars check the web as well. There is a proper way to wrap the bar tape around the bar.
It's all pretty easy and once you do it once yourself you will never forget and you will wonder why you ever found it confusing in the first place.
If you are still confused head down and talk to the guys/gals at your local bike shop. It is always a good idea to build a good relationship with them and throw them some business/cash every once in a while. You can take them parts, get them to explain how they install them, watch them install the, get to know the people that work there, and know the proper way for the next time when you do it yourself.
About frame material give this a quick read:
http://www.sheldonbrown.com/frame-materials.html
Personally I really like steal due to the fact that if you crash it can be repaired. Unless you are in a really rainy/snowy area I would choose steel over aluminum for commuting/road riding.