Hm... I was brand new to this in 2004 (hence the name). I was in the same place you were in a year ago.
Imo, i think the best way to learn the basics is to hang out at your LHS. Hang out there for a few hours, and ask lots of questions until ppl get pissed at you. Go there once a week, and when you are there, ask them about everything. As you can see, LHS doesn't like me much anymore, but I am much more comfortable with the hobby now.
If are seriously commited to learning about electric rc, and especially rc racing, then you will need someone to teach you some of these things in person. Nothing is a substitute for a person actually showing you how to make a good solder joint, how to hold a soldering iron, how does electricity work, how does an ESC work, etc.
The people here on the forum can offer great advice and get you started on the right foot, but you cannot expect people to guide you through the hobby every step of the way. You will have to take the learning into your own hands and do some "homework". Use the search engines online to find websites where you can learn some of this stuff, read magazines, go out to your LHS and ask them where you can view races and talk to local racers.
If I have offended you in anyway, I apologize in advance. Btw, there is a rookie section on this forum where this type of thread maybe more appropriately placed. And once again, if I have offended you, I apologize. I do not mean to bash you, just trying to help you find the best way to enter the hobby.