The 101 on Facebook’s Timeline including some quick tips that will help you do a few of the things you want to do:
(This is even more important now since Facebook pages are also moving to the new timeline.)
I personally have been on the Timeline since the time that it was only open to developers, before the general public could have it. I love it! I have since moved my business facebook page to the timeline as well, and will be posting about those differences as soon as I’ve had a chance to play with it! (You can check my business fan page at http://www.facebook.com/HitTheGroundDancing ).