It shouldn't be too much differant in 7.2; granted the showflat/showthreaded steps apply elsewhere, but i commented on that in the original post... I'm not sure what all would be differant; it's honestly just looking for the ip areas, I applied this on my sites but i'm not sure how much of the "how to" i actually followed in 7.2...
Just minor things, like path to the template files (added the /default/ path) removing the reference to showthreaded since it dosesn't exist (at least on my v7.2 installation) and included the blurb on Admin & Mod permissions.
I like having the mod's in a text file as well since I can store that information for future reference.