I believe I got it to root (although, there is no indication in the instructions to tell you if you are successful). I have the SuperUser icon in my downloaded apps now.
FYI - The SD card should be unmounted through the phone via SD Card & Phone Storage > Unmount SD Card.
Then, you should perform the operation described as 2a in the previous post and follow the rest of the instruction in Part 2 of the original post.
I do have some confusion about how to use it.....what are the best apps for the LG Ally that require root access?
I also am unclear how PdaNet is supposed to function. I cannot connect to my device using the taskbar shortcut (GUI tools) and can only connect via the command prompt after a couple of attempts.
Any guidance on how to use this once the rooting is complete would be appreciated.
Thanks for the instruction and assistance.