This sounds kind of weird, but here goes...

I've been playing all forms of poker for awhile. I also spend loads of time reading the major forums, books & mags. I watch just about any poker I can find on TV. When I first started playing & getting interested in poker, I couldn't get my hands on enough material to read & learn from. I feel like I have so much poker knowledge in my head but it isn't organized in a fashion that is useful. I find myself getting into tough spots because of this. Does anyone have any suggestions as to how I go about "reformatting" the knowledge I have packed into my brain so that I can use it? My first thought is to go back to the beginning & re-read Sklansky's Theory and use it more like a textbook this time. i.e. , highlight important points, take notes, physically setup cards in the examples he uses, etc.

Any thoughts are appreciated.

maybe sign up for a video coaching site for concrete examples of how to utilise this information in different situations?
re-reading good books is also very useful
other than that, just play a ton of hands and evaluate your play after each session, post difficult hands on appropriate forums, too

Are the video coaching sites geared towards the micro/low limit players? Would you suggest one of the coaching sites over the others for micro/low limit players?

Most sites have 50NL+, but a lot of it applies to every level. I'm quite positive you'll make the money back if you're serious about poker. If you're not serious, I think you'll probably be able to play for a longer time before reloading.

well DeucesCracked perhaps, simply because unlike other sites it doesn't have a hefty sign-up fee that could represent a significant portion of a uNL player's bankroll, but content-wise, I don't think you can go wrong with any of the major sites.

From my own experience, keeping it simple has been best for me, rather than trying to learn everything at once. Start with playing a straightforward game, and learn new things as you need them. Find spots you're losing money in, and then learn why. Don't try to learn so much that you forget the basics.

Take a look at something like http://tommyangelo.com/USHC.html

I started with this and ended up writing literally pages of notes about the lines I like to use by hand type and position against most of my normal scenarios.

It sounds goofy and was time consuming (thank you meetings at work), but the result gives me something I can look at and compare to hand histories and see if I deviated from gameplans causing the money loss.

Try getting help from your fellow opponents. Try the session pairings on the microlimit forum. This way you'll get feedback from someone who can actually watch you play.

it sounds like your reading alot, but your unable to apply it because you haven't studied it (or really learned it). You wouldn't read an entire biology textbook one time through and then expect to do extremely well on a test would you?

This is what I've been feeling like. I do understand the concepts, formulas, theories, etc, from reading it, but I think you are right about not having studied each component. Like when I read Theory, I understood each section as I read the book, but I never really took the time, outside of just playing a ton, to figure out how section A fit with section B. Back to step #1...reading Theory while studying each section to figure out how all of the pieces fit together.

Try this. For the next two weeks don't read ANYTHING about poker strategy. Don't read any of your books. Don't troll the forums. Don't even post a hand. Instead, play a way that seems natural and logic to you. Copy the hand histories of the spots that give you trouble. After that two weeks is up, go back through the tough spots and see if you can deduce on your own what you should have done. After you do that, post the hands in the appropriate forum, ALONG WITH your reasoning behind what you think you should do.

I'm suggesting this so you stop trying to over-analyze every move and just go play. Don't worry about trying to play every hand exactly correctly. Just go get some hands under your belt without thinking.

Do this. Not just with Theory of Poker, but with other books you've read as well. The first time I read Theory of Poker, I thought I gained a lot of knowledge from it, and I did. But after playing a few hundred thousand hands and re-reading it, along with other books, I found I understood the material much better and it all just made more sense.

The main thing is, to not just read, but to think about what you have read.

I'd also download PokerStove if you don't already have it. Review hands. Do the math forward and backward. Think about what you were thinking at the time. Think about what your opponent was thinking at the time. Try to think about the hand ranges your opponent could have by the way he played the hand. You'll start to see patterns and things will start to fall into place.