Can someone who done this with electrum post step by step how to do this? This seems very complicated.
Also how long do you have before you can claim the bitcoin cash? So for example if you have 5 bitcoins in electrum, you get 5 bitcoin cash? Im confused here so basically its free money for every bitcoin that you have? Thus if someone has like 100 bitcoins, they are going to get 100 of these bitcoin cash?
Yes, that is correct. It is stored on a separate chain so you would have the exact same amount as you do with bitcoin and it would be spent separately. Check out 6Asmodeus6's reply earlier which mentions how you could claim it. It does take some work and requires running multiple wallets.
On the same subject, I had bitcoin in a multisig (2 of 2) wallet using electrum before the August 2 fork. How do I send my BCH? Electron cash does not provide support for multisig I believe.
I have moved bitcoin to new wallet as per the advice provided, but do not know how to proceed from here.
Thanks.
Apparently support was added in a recent commit. If you download the source from github and run it via source, it may support it now.