I then started the Flash & Backup 3 installer. Click "Next >".
Now choose your installation folder and click "Install".
You will then get this screen once it has been installed. Click "Finish".
The program started and identified my phone. Note in the "Active phone profile:" that I am selecting "Motorola L7 SLVR" from the drop down box.
I then started the installer for RSD Lite 3.2 and at the same time I got a prompt from the Windows Setup Wizard so I clicked "Next >" and let it do its thing first.
After a reboot I restarted the RSD Lite installer again. Click "Next >".
It removed an older version of itself and reinstalled quickly. Click "Finish".
The program started and it recognized my phone.
I then started the Flash & Backup 3 program again because the first thing I want to do is backup my entire phone the way it came from the factory. Note all my settings: "Active phone profile: Motorola L7 SLVR". Select all the code groups, select "Cut empty bytes at the end of code groups", select "SHX (S-Records file)" as the "Backup format:", enter any notes to distinguish this backup from others and click the "Read data" button.
The program now tries to put the phone into flash mode and since it's the first time I've done this the hardware wizard pops up looking to install software for the Motorola Flash Interface. Choose "Install the software automatically (Recommended)" and click "Next >". Note: you could have also started RSD Lite and attempted to flash your phone, the same thing would have happened (hardware wizard), I just wanted to do a backup first, which any good modder will do before modding.