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The buyout battle over computer giant Dell (UNKNOWN: DELL.DL ) has been the stuff of business legend (odds on at least one book about it). The drama, including on-camera rants from some of business' biggest egos, has done plenty to keep viewers on the edge of their seats. However, beyond just the headline gold it's given us, there are billions of dollars at stake for investors both large and small. So, what should investors focus on with the most recent proposal from Michael Dell and his buyout group? Andrew Tonner breaks down the whats and whys that investors need to follow from the most recent offer in this on-going tech saga.