If you buy Mastering Access 2000 Development by Alison Balter (SAMS Publishing - ISBN 0-672-31484-3), and Office 2000 Developer, you'll be well on your way to making a fully-working, distributable, Access Runtime app.
The book has a specific chapter on using the Package & Deployment Wizard, and takes you through the steps to Split your db into the back-end and front-end. She even provides a fully-working 'table re-linking' routine (so that when the path to the back-end is not the same as your own machine, it will look for the back-end, and if it can't find it, it allows you to browse to the back-end, and then it re-links all the tables for you - okay, a little fiddling is required but not much).
It's a wonderful book and would recommend it to everyone, no other book I have read has gone into so much depth concerning deployment. Buy it, now!