Sure thing - take a look at one of my close-ups above (or pics in my journal - sig line), and note the airline somehow fitting into the assembly; here's what's happening:
Pieces:
1 housing tube, which is a hollow tube as tall as a 5gal bucket with a diameter about the size of nickel.
1 pumping column, which is a hollow tube the same length as the housing tube, but half the diameter or smaller yet. The pumping column has a small spout at what will be its bottom, and which is where the airline attaches.
1 drip ring, which is a rigid but bendable poly-plastic tube, with aeration holes drilled down one side
Assembly and operation:
1. Punch hole through bottom of net pot lid (against a side) big enough to slide housing tube through, and not so big that you'll lose your balls - don't worry, this is a cinch to do right
2. slide housing tube in place
3. While still separate from system, attach an airline from the air pump to the spout at the bottom of the pumping column.
4. Run pumping column (with attached airline pointing down) through the housing tube until you hit bottom.
5. Your drip ring is pre-bent into a perfect circle with a plastic t-fitting holding both ends of the circle together. This t-fitting also has a third hole for the top end of your pumping column to fit into (like a halo on a stick) - fit the ring into place over your pumping column
6. Put in your medium, plant, and nute soup, and turn on your air.
The result is that the rush of air creates pressure inside the pumping column causing nute soup to be displaced UP the tube, and a ton of turbulence (aeration) out the bottom.
I admit that an air stone puts out way more tiny bubbles, therefor creating more surface area of O2 to interact with the H2O, but I believe what I see over spoken theory any day, and what I see so far is hands-down better.
Good luck!