Hi anybody preparing for June 09 L1 CFA exams?any suggestions/tips from those who already cleared?

I'll be taking Level 3 next June. I would absolutely advise you to start early with the preparation. If you have the money, go ahead and register now. You don't need to get heavy into the readings yet, but if you order now you can be an expert on ethics by the end of September. The most important part is read the LOS. The LOS will tell you exactly what part of each concept you need to know. It isn't uncommon for first timers to memorize a million different formulas and not spend any time learning the concepts and not being able to understand the exam. Finally, the end of reading questions are imperative. At the end of a chapter you will be given several questions - usually they aren't multiple choice. However, they are always harder than the real thing. If you can get those right you should be ready by June.