After not being able to find a video on it I made a new video today on the most important part of flying the Phantom.... Compass calibration. It is really simple compared to the Blade 350QX, so easy in fact that I usually do a compass calibration every time I go out flying. According to Dji a skewed un calibrated compass is the number one reason for fly always right up there with interference.
http://www.youtube.com/watch?v=t2hfclQAjcM