Bilingual site - need help

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Hi everyone,
I am new to Concrete5 but this is so cool ans well done I would like to use and publicize it as soon as possible.

I am not an experiment developper so I apologize in advance if my questions sound basic for most of you.
Whoever, make sure I would really appreciate if anyone can help me.

I already built a simple web site with Concrete and I found how to customize everything I wanted.
The only problem I have is about making the site in 2 languages.

I want it english and french. Ideally, if the visitor can just pick up english or french at the front page and based on its choice,
the proper web site would should up, that would be perfect.
The only problem is that I spent a few hours reading the forum and trying to figure out through the
various posts but I can't get it done.

I looked at

http://www.concrete5.org/community/forums/customizing_c5/page_struc...

http://www.concrete5.org/help/building_with_concrete5/faq/how_do_i_...

I think Option 1: "Run two sites in one" would be good for what I want but
how can I duplicate the whole site to create the 2nd language?
After that, what do I have to do with my auto-nav, page list, and theme to only show one level down in site navs? And where can I locate these specific files?

Some help would be really appreciated?

Thanks a lot.