Pro Mini 5v, 16mhz --> 3v, 8mhz

willybh:
So what does it mean to "change" the regulator and crystal? If I have to buy specific components online, I may as well just buy a 3.3v version of the Pro Mini. I'm not confident in my SMD soldering skills, so I guess I should just buy a 3.3v version...

Change == Replace.

And yes of course its a lot easier to just buy the proper one.