Steamed lobster is a better way to go than boiling. It uses less water so it comes to a boil quicker and the cooking times are the same. Since they aren't drowned in boiling water they don't pick up extra water that will leak out all over your plate and dilute your side dishes with briney water.
First, get some lobster. Then park them in the fridge or freezer for a bit so they chill out and go to sleep.
If you decide you want to boil, then check out this instructable