The video contains a complete guide on how to create your first Android application, starting from installing Android tools on Eclipse till generating the APK that can be directly installed on your Android Machine.
In addition to the steps in the official tutorial on Phone Gap site. This video covers the following:
How to avoid getting timeout when running the emulator
How to create splash screen
How to customize the application icons
For the text that you need to include in the project, please refer to the official tutorial on Phone Gap site.