OK, let's go step-by-step like I did my installation:
su become root
Password: ****** you know it
mkdir /usr/java creates a directory called "java" in /usr
cp /current/path/to/j2sdk-1_4_2_05-linux.bin /usr/java/ copies your j2sdk-1_4_2_05-linux.bin from where it's now to the new created directory /usr/java
chmod +x j2sdk-1_4_2_05-linux.bin give execution rights to the file
./j2sdk-1_4_2_05-linux.bin run the installation. this will create another directory like /usr/java/j2sdk-1_4_2_05 [or something like that]
ln -sf /usr/java/j2sdk-1_4_2_05/bin/java /usr/bin/java makes a symbolic link in /usr/bin to your "java" command
ln -sf /usr/java/j2sdk-1_4_2_05/bin/javac /usr/bin/javac makes a symbolic link in /usr/bin to your "javac" command
Of course you can let the last 2 steps out and use enviroment variables in ~/.bash_profile like
IBall suggested.
Hope you can get it now working
Good luck!
Boby