Congratulations in joining the club. What club? Those of us who read Theory of Poker the first time and went HUH!?!?!?!
Back up a little and read some Phil Gordon. Then around Easter read Theory again and you'll go, "Ohhhhhhhh!!!!!"
I wish I had the page in front of me from Gordon's Black Book that explains pot odds. He makes it incredibly simple. I must have read a half dozen explanations before reading his and felt like. "Well why didn't you say so?"
But yes - you are on the right track, however that in and of itself isn't that useful if you are not also keenly aware of the odds of your holdings or drawing power. Without that pot odds become pretty subjective leaving you to figure out if 6 to 1 is good, when is it good, when is it bad, how do you react to it? In fact, pot odds is only a part of the equation.
LOL - so I Googled "Phil Gordon explains pot odds" and found this:
"Here's a little secret: The concept of pot odds is useless." (kind of what I was saying)