Rigid body: Screen Recording 2
Cloth simulation: Screen Recording 4
NOTES
SOFT BODY
Good video for learning about how different options affect results https://www.youtube.com/watch?v=ofIi4ddHGW0
Mentions a couple points about making it work https://www.youtube.com/watch?v=6bXR8qrC7tI
CLOTH SIMULATION
https://www.youtube.com/watch?v=2zd1AI198I8
http://wiki.blender.org/index.php/Doc:2.6/Manual/Physics/Cloth
RIGID BODY
Import meshes > in edit mode, press P to unjoin objects > reset object origins with Shift Ctrl alt C
https://www.youtube.com/watch?v=Ci39zXfG-I4
http://www.blender.org/forum/viewtopic.php?t=17029&sid=e39a85ea13033a73e82781cf33c1aec5
https://www.youtube.com/watch?v=nHVYYMG3QVY
Misc:
https://www.youtube.com/channel/UCJspWFXSL1guQPdFqh4lFjQ