Can anyone suggest me of any step by step tutorials on how to make and Android LiveWallpaper. I am not able to find any good tutorials and I am sort of new to this.
Take a look at this article from Vogella: http://www.vogella.de/articles/AndroidLiveWallpaper/article.html
Start at: 2. Android Wallpaper Example
Read the complete tutorial slowly and carefully (helps a lot).