leak down is basically what i explained earlier! ie if ex valve is leaking you will get air coming through exhaust
if inlet is leaking air will flow back through throttle bodies (throttle open)
if h/g is leaking air will be transferred to another cylinder(if blowing between pots) or to water or oil ways if blowing between them.
cant remember for the life of me, what pressure you are meant to do this test at! but i believe its between 40-60psi
all you need to do test is obviously a compressor and hose and a threaded connector to go in plug hole, (i made one out of an old spark plug with the top of plug broke off and the electrode pulled out) and thats it!
just make sure you are at tdc on each cylinder (on firing stroke) as you test each one.
hope that helps matey