Most good domain registrars have a transfer wizard that will walk you through this. I use Temecula Valley Domains http://www.TemeculaValleyDomains.net
If you wait til the last minute you run the risk of someone snatching up the domain. Sometimes there are advertisement agencies that will take your domain if you wait too long, and especially if you had a good deal of traffic. I wouldn't imagine it's in immediate danger if you choose to lease the domain again from another source. However, you probably will have just as much luck transferring it through yahoo. You really won't know until you try. I would transfer it normally through Yahoo, I don't see why it would be a problem.
Also, if you need hosting I provide it for pretty cheap http://subonedesign.com/
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