> Please ed-u-kate me...
My pleasure since I was thrilled with the Motive Power Bleeder I heard about on a VW forum and used on the Ranger...
A power bleeder pushes fluid into the system through the resevior under pressure. This is different from the handheld vacuum pump method which pulls fluid from each bleed valve. These seem to be standard equipment at most shops.
When you use pressure bleeder while you're bleeding the brakes, you don't need to worry about getting air into the lines as you open and close the bleed valves since the bleeder forces the fluid out whenever the valves are open so no air can get back in. And, you don't need some helper pumping the damn brake pedal while you scream "open" and "closed" at them.

With the power bleeder, it's a one person job.
The added benefit is if you have ABS or RABS (Rear ABS) which many of our trucks have. The power bleeder eliminates the need to pull the brake lines at the master cylinder and the need to use the fancy, expensive Ford service tool to run the ABS pump during the bleed procedure. This is all in the Helm factory service manual (which is freakin awesome). The procedure without a push style power bleeder is pages long and painful. The procedure with the power bleeder is almost effortless.
What they do in this instruction vid is exactly what I did:
http://www.youtube.com/watch?v=d0h5bMoW-aw
I didn't have to jack the car or pull any wheels. The bleed order is "furthest from master cylinder to closest, or RR, LR, RF, LF. The whole thing took a little over a half hour with cleanup -- the bleeder company recommends pumping denatured alchohol through the bleeder when you're done.
I got mine direct from:
http://www.motiveproducts.com
It's basically a really nice bug sprayer with a pressure guage and an adapter on the end of the output hose that replaces the cap on your resevoir.
There are two different resevoir cap adapters for Ford so you need to email or call to find out which one you need. Mine was the "three prong." Just remove your resevior cap and see how many tabs there are inside the rim of the cap.
Their customer service is great. The owner picked up my call and gave me tons of info.
I got the catch bottles too. You don't really need those and making your own is easy. But, having those sure did make it a clean job.
You might find it a little cheaper on ebay or other sites. But I liked the company so I bought direct and their shipping costs were fair.