I just replaced my ECTS (eng coolant temp sensor) yesterday, and it's incredibly easy if you do it right. Some of these steps are somewhat optional, but I feel make the job easier, and thus, more pleasant. I'm talkin "wow that was easy" kinda easy.
Note: Do this on a cold engine - not hot, not warm - cold, like it's sat overnight kinda cold.
You need:
--Tools for taking off intake - for me it was locking pliers for a sprung clamp, some have a clamp that just needs a flathead
--ratchet
--sockets - 13 mm for sensor, 10mm (I think) for battery bracket, 8mm (I think) for battery cables.
--rags - shouldn't need much if you follow directions
--needle nose pliers (angled ones work awesome, but it's not terribly important)
Simple steps:
1) remove intake
2) remove battery holddown, neg bat cable, then positive, then battery
3) jack up the front drivers side of the car and put it on a jackstand (be sure to put on e-brake and use wheel chocks) This step helps reduce coolant drainage, but is far from necessary. I felt it also put things at a nicer height to work at.
4)remove the coolant resevour lid to release pressure, then PUT THE CAP BACK ON TIGHT.
5)unplug the sensor harness. The sensor should be easy to spot looking at the side (technically back) of the engine from the driver's side fender area. It's centered on that side, and in plain view. to unplug, you squeeze the harness. You may be able to do it with your hands, but if not, use the pliers. it should come off easily - dont' force
6) check wire harness for corrosion - if there is any, get a new harness (you may just want to get a new one before you start the work if a place that stocks it isn't nearby - then return it if you don't need it)
7)place some rags under the sensor. When I pulled my sensor, I barely lost any coolant - maybe a soda capful. If you don't follow instructions, you could loose tons of coolant and make a huge mess.

remove the sensor with the 13 mm
9) put the new sensor in (make sure it's brass-tipped and has white or red threadlock on the threads - should come that way). Put it in by hand at first, so you can feel that it's in the threads properly, then tighten with the ratchet. You don't need to really crank down on this - just make sure it's pretty tight.
10) reassemble your car. If you've taken less than 30 min, leave the battery disconnected for a little longer so the computer will reset.