Is this embedded font thing like having fonts that aren't on other peoples comp, but you can still see it?

yes, you have it in your computer, so you would see it only. but if you embed it, then people who don't have it on their computers will be able to see it as well.

ooh i c...
so how does this work?
how do i 'embed' it...xD i dunno what it even means

did you check the tutorials section. the link is here.