http://ryanestradadotcom.tumblr.com/post/20461267965/learn-to-read-korean-in-15-minutes The process of learning how to read the alphabet is actually pretty quick, but it'll take some practice and time to memorize them to be able to read at a comfortable speed.

I think I learned how to read and write hangul in just a day. Basically, I just memorized the letters and its equivalent letters in the english alphabet. The link huykachu gave is really a nice tutorial^^ After you learn how to recognise hangul, I recommend you to try reading. It's easier to read first because if you can read already, eventually you'll learn how to place the letters and write. That's how I learned fast! Try reading the korean dictionary, it's also helpful because you can get korean words into your vocabulary! Hope that helps, Goodluck! :D