Clarification on wiping HD and restoring from Time Machine

Hi all,

I've recently been having a few problems with my '08 Macbook, so I (as usual!) did a full back up to Time machine and then ran Onyx, which informed me I needed to (among other things) repair the disk via booting from the OSX disc.

I have now done this, but disk utility on the OSX disc informed me it was unable to repair the disc and that I needed to erase the HD, back up all my data and then restore from the back up. Luckily I'd backed up before as at the moment my MB seems incapable of booting to OSX (currently on my bootcamp W7).

So, I'd just like clarification on how to erase the HD then restore from my Time Machine back up approx 13 hrs ago, leaving my MB how it was but without a HD that needs "repairing". Here's how I'd imagine I have to do it:

1. Boot from OSX CD
2. Select Disc Utility and Erase HD
3. Boot from OSX CD again
4. Restore from Time Machine backup

Will this work and/or is there a better way of doing this?

Thanks in advance for any help!
Stefan

That's the easiest way, the OS X install process will ask if you have a TM backup and you just select it when the option pops up.