im in the process of bagging my 95 Ranger Splash and i can tell you that its not easy at all. LOTS of little stuff to do.you just gotta take your time and be patient. check out this link to see what i got done so far:
http://rangerscene.com/forums/viewtopic.php?t=1218
that is less than 2 days of work on it with ALOT more to do.
and if you wanted an easy truck to bag, you shoulda got an S-10 or an import truck.