Ensure computer speakers are ON and begin the LOOP process. Honestly, the LOOP is only for visuals that you have a connection...
** shut phone down first **
1) pop out SDcard, but leave in slot
2) Volume Down + Power
3) Volume Down, select recovery, press power (be ready for next step!!)
4) Once you hear the "device removed" windows sound, quicky press in your sdcard in! You'll hear another "device found" sound a few seconds after.
It may take a few tries, it's really odd timing. I've got about 3:5 chance when I try!
That's it! Follow the 10min infamous video for the rest.
This is basically how the "quickly insert/remove" sdcard process worked after many attempts... its a matter of catching the recovery in-between some special initialization.
*** TIPS ***
* try right as your hear the beep-beep
* try right at the last beep of the beeps ?!?
* try right before the recovery black screen .5 sec after the beeps