How do I get Editable Fields to work in Drupal 7?

How do I go about getting this working? I created a content type, field, and view. I've looked under the format settings and field settings in my view and don't see any related options.

I can't find any documentation on this. I've looked in the 7.x module's readme.txt and there are no instructions. I downloaded the 6x version, but the readme's instructions are not relevant.

If you tell me how to work with this, I'll create a documentation page for you :)