Yup, 1000 petcocks are super simple. As stated, the inlet pipes are welded (brazed, actually) into the tank itself, so everything under the petcock is flush, with just 4 holes- two screw holes, two fuel holes. Just be sure there's no paint on the sealing surface and you're good.
The petcock itself is super simple too. Once you get the little front plate off (you have the version with screws, so that's the hardest part done) you've got the lever, a little wavy spring washer, MAYBE another flat washer, and the rubber donut seal. No real "gotchas" anywhere.