[RndTbl] New kenel modules without reboot?

I would like to compile a driver module from the standard linux kernel source (2.6.x in this case) and then load it into the kernel without rebooting. I know this must be possible but my understanding of the details of kernel module loading are limited. Is it just a matter of selecting the drivers as modules, compiling, doing "make modules_install", and then modprobe to load the module? Where I'm confused is with updating the module dependencies etc. Thanks. John