...just saw this. I also cursed the lack of instructions out there for using LiveSuite. Once you have found a working download site (first challenge), run LiveSuit.exe in a designated folder as it will just unpack wherever you run it. Run LiveSuite, then select image (seby firmware), hold down volume up button (the tablet needs to be turned off first) and while holding down, plug it into your computer via usb, then while still holding down the volume up button, rapidly press the power button until a window pops up on your computer, then you can let go of the buttons (don't know what that person was on who invented this sequence). It will first install drivers which don't conform with Windows (proceed) and then ask you to install with or without format. Install with format. When you are on XP like I am, you will actually see a status bar that tells you the progress of the install. Far less unnerving than not seeing anything ;-)
I would also download the official LY-F2S firmware from here: http://www.lyxfsz.com/en/downs.htm?sortid=0_23
It also includes LiveSuite in the rar file. The download site is extremely unreliable though, it took me 5 goes before I had an uninterrupted download. Good luck with it...
...just on the side. After the frustration with that E11 tab, I ended up buying an 1Gb RAM LY-F1 from Pandawill. It works like a charm from the box. I am very impressed with it and it was only $15 more than the other piece of sh!t.