My iPod version is 5.0.1 I have the latest version as of 6/17/2012 of btstack

I go to settings the btstack there are a bunch of words telling me what to do for an error I hit configure on and nothing happens

did you tap on the on-off switch in the "Logging" field?

Yes I turned it to yes and nothing happens it just stays at the same screen

That's correct. From now on all communication will be logged in /tmp/hci_dump.pklg as it is explained below the logging switch.

Is that all I have to do for now? Just keep it on

yupp

When will it be done? Also how will I know it will be done? Lastly what do I do when it's done?