If you're looking for a fairly brief overview of what LoseThos is and how it works, check out http://forums.somethingawful.com/showthread.php?threadid=342... .
Unfortunately, it takes a somewhat mocking tone of the creator's mental illness, but it provides lots of screenshots.
e: LoseThos' creator posted in the thread, view filtered posts with this link: http://forums.somethingawful.com/showthread.php?threadid=342...