For all us newbies out there....
The process is thus:
I kept my lifters in two columns, left and right columns in the order they go into the engine front to back while I did the following non-trivial activities.
1. Buy a can of carburetor and parts chem-dip ($30.00). You might be able to get by with brake cleaner, but the chem-dip sure makes them shine.

2. Get a small flat blade screw driver and pry the plastic push-rod guides off the top of each lifter.
3. Put the lifters in the chem-dip for at least an hour with the holes in the sides of the lifters facing up (lets the bubbles out).
4. Take them out and rinse them very well with water or whatever the directions on the chem-dip say.
5. Spray penetrating oil into the hole in the side of the lifter to force all water and other solvents out.
6. Get a piece of wood and use the edge of the wood to try and dislodge the first piston out of the top of the lifter.
8. Spray more penetrating oil in the hole on the side and in the top to lubricate the second piston.
9. Find a drift punch (flat nose) that will just fit down inside the second piston and not damage the one way bearing valve in the bottom of the piston.
10. Try to move the second piston by pushing down with the punch. If you can't move it.....
11. Find a nice flat hard metal surface (I used the anvil on the back of my vise).

12. Place a few layers of shop towel on the surface and bang away (making sure not to deform the top of the lifter).
13. If you get the piston to move then spray some more penetrating oil into the top to lubricate the piston again. (you might try a very small screw driver and gently push the bearing valve in the middle of the piston to release any vacuum that may be holding it). A nice can of rust-off or similar with a tube that can be inserted into the hole in the side of the lifter will allow you to spray forcefully into the side of the lifter.
14. Once you get the piston to move keep lubricating and moving it until it springs up and down fairly freely.
15. Use the block of wood and bang the lifter to try to dislodge the second piston. When the top of the piston exits the body of the lifter, you should be able to pull it out with your fingers.
16. Lay the cap, first piston, second piston/valve, and the spring on the bench for later cleaning and reassembly.
17. Put the lifter body back into the chem-dip and soak it for another 30 mintues.
18. Use brake cleaner or whatever to clean off all of the parts. Pay special attention to the valve in the second piston. I used the tube on the brake cleaner and sprayed in one of the side holes in the ball retainer to get out all kinds of tiny gunk particles (probably holding the valve closed).
19. Once all parts are clean, you can use light oil to reassemble. (I was using WD40, but broke 2 of my plastic rod guide (caps), so I went back to light oil. The WD40 appears to make the caps brittle. (Never put the plastic caps in the chem dip, and keep them away from strong solvents)
20. I used 3-in-1 oil to reassemble the springs and pistons into the lifter body. Then I snapped the caps back on and only broke two. So I'm off to the auto parts store to buy a couple of lifters...

21. jd4242 likes to soak his lifters in oil and actuate them to get lots of oil inside them before reinstalling them. I'll probably do the same.
Happy lifter cleaning!!! Oh by the way, I ran into another forum where they were having a heated debate on what to call these things. One side called them Lash Adjusters and the other called them Lifters. Lifters works just fine for me