It took me awhile to relocate this one, but here is a link done by a highpower shooter showing how to set up an m1 sling and a 1907 sling on a scmidt rubin rifle.
http://p084.ezboard.com/fcollectorgu...opicID=2.topic
Therifleshootermag article is good, but no serious shooters use nylon slings. They are too slippery to hold their adjustments well and a $5 canvas web m1 sling is not only far superior to a nylon, but is an excellent shooting sling in its own right.
I've used both the leather 1907 and canvas m1 slings but find myself always going back to the m1 sling. The only downsides of the m1 sling is that they aren't pretty to look at and have a noisy metal buckle.