[Scott Richard]

What is need to do this, and how?

 

[caboose]

front stand, big hex key.. umm.. 23mm or something like that, im not sure what the size is and some other wrenches and shit.

anyways, loosen the two axle clamp bolts on the bottom of the right fork.. remove the fender and the calipers (make sure you hang the calipers with some wire so theres no tension on the brake lines. now, loosen the axle until you can remove it. wheel should fall out of the forks now... install in opposite order.

 

[RedFinn]

22 mm for the axle, 6mm for the axle clamp bolts and brake caliper bolts.
Axle clamp bolts are 25Nm, brake caliper bolts are 34nm and the axle is 110Nm.
Don't need to remove the fender. Even if it's tight, I've never seen a bike & stand combo that had to have the fender removed.
Remember to center the forks before you tighten the axle clamp bolts, i.e. "bounce" the front a few times.

I wrote a how to a year ago, it's in the how to section (duh).