Option 2. The 'Hotsyncing to Ram' Option
This option works well if you have only a few web channels to convert; however, it uses your PDA's internal ram memory (which is often limited).
Before you can use iSiloX, you must edit the .ixl Web Channel document to adjust for your hotsync name. Open it with your favorite editor (e.g. notepad.exe) and do a search & replace. Search for all 'yourhotsyncname' (without the quotes) occurences and replace that string with your own hotsync name. Save.