Step by Step Instructions for Making Media/Uploads Private to Only Logged-In Users

Figured this out after finding this page:
http://www.0to5blog.com/tips/protecting-wordpress-media-uploads-unless-user-is-logged-in/

That page contains the instructions I was looking for, exactly!

I tweaked the dl-file.php code slightly to meet my needs:

if ( !current_user_can( 'read_private_posts' ) || !is_user_logged_in() ) {