Since Records Management is a HOT topic these days for people in the SharePoint world, I thought that you might be interested in a free Virtual Lab that Microsoft has been offering for you to get your "Hands wet" in a safe/virtual way.

Microsoft gives you a lab manual that's easy to follow and a Virtual Environment (hosted on Microsoft Servers) so that you don't have to set up anything on your end.  You can try it as often as you'd like.

Registration Link: http://msevents.microsoft.com/CUI/WebCastEventDetails.aspx?EventID=1032331570&EventCategory=3&culture=en-US&CountryCode=US

Overview

After completing this lab, you will be more familiar with the Records Management capabilities included in Microsoft Office SharePoint Server 2007. Topics discussed include creating content types for categorizing documents, configuring a central records repository, setting up records management policies, and available options for automation.

~ Robert Shelton