Quick Start:

Login to the shell

Type software

Type getpsybnc (this will copy the 'psybnc' dir to your home dir NOTE: This is precompiled)

Type cd ~/psybnc

Type pico psybnc.conf (this will open the conffile for editing)
the file is well documented for the usual settings. If you want to get your bnc up and running, you should set at least :
USER1.USER.NICK
USER1.USER.PASS
PSYBNC.SYSTEM.PORT1 (anything above 1024 should work)

Type ./psybnc

For more info on the config options refer to psybnc.conf or visit The Official psyBNC Support HomePage.
R3d.