Coloring Black and White Images With The GIMP

I've found several tutorials here and other places that showed how to colorize a black and white picture with the GIMP.  Most of them were convoluted and had too many steps so I decided to write one that should be easy for almost anyone to follow!  Yes, it may seem that there are a lot of steps the first time through but once you've completed your first masterpiece you'll see it's really not that hard at all.

This is my first Instructable.  I didn't want to submit one until I found an idea that would appeal to a lot of folks. 

Step 1: Requirements

First off, you need The GIMP.  http://www.gimp.org/
Secondly, you need your picture. 
Thirdly, you need some patience (and a little good karma doesn't hurt!)

I was driving through Texas when I was this sign for Mean Gene's burgers.  If you're a fan of old school professional wrestling you'll know Mean Gene.  If you're not, then just know that Mean Gene was a legendary announcer in the professional wrestling world.