Go visit the Wok Shop website in San Francisco: http://www.wokshop.com/
Here's their video on wok seasoning:
As to me, I simply washed my new wok in soap and water, towel dry. Then after it was thoroughly rubbed with peanut oil, it was placed into a 450F oven for around four hours before shutting down the heat. I did this whole procedure twice before beginning to cook with it.