To open the valve at the bottom of the radiator you have to turn AND pull. A pair of pliers or ChanneLocks will help. As I recall, it will turn about 180 degrees. You should also remove the lower hose to flush the radiator and engine. See my article in TDR #35, pages 76-81, for more information, including photos.
If you do read that article, ignore the section about testing coolant with a voltmeter. It doesn't work.
There are lots of opinions about anti-freeze types. I use the Caterpillar Extended Life Anti-Freeze. I buy the pre-mix because it's about the same price as the concentrate plus a gallon of distilled water. This anti-freeze is good for 300,000 miles or 3 years (whichever comes first). At that point, you add the appropriate amount of Caterpillar extender and go another 3 years. After 6 years you have to change the coolant.
The reason I bought the Caterpillar coolant is because they were the only people who stocked the extender. I bought the extender at the same time.
Loren