Lifehacker's website describes how one may fly a drone in relative safety in an interesting article this month written by Eric Ravenscraft . Chronicled are three basic steps:

1. Register Your Drone
2. Find Somewhere to Fly Legally
3. Fly Safely and Photograph Legally

The article does go into fairly inclusive detail on the three step including pulling the steps the FAA advises on their website as well as a video on safe flying (Part 1 of 5 below).

» Fly below 400 feet and remain clear of surrounding obstacles
» Keep the aircraft within visual line of sight at all times
» Remain well clear of and do not interfere with manned aircraft operations
» Don’t fly within 5 miles of an airport unless you contact the airport and control tower » before flying
» Don’t fly near people or stadiums
» Don’t fly an aircraft that weighs more than 55 lbs
» Don’t be careless or reckless with your unmanned aircraft – you could be fined for » endangering people or other aircraft

Especially interesting is the lively discussion in the Comments section of the article on the merits and perceived drawbacks of the FAA requirements for drone pilots.