The article on Dilwyn's site is very good but the software part of it is somewhat light on details. If you use straight "copy" commands on both ends you should be aware that there will be no error checking which means that if a bit accidentally flips in transfer (and they sometimes do, especially at higher speeds) you will have a corrupt file. This is where file transfer programs step in. I would suggest using the "copy" method to initially transfer a file transfer program over and then use the file transfer program to transfer everything else

As Dilwyn pointed out, you'll need unzip on the ql to, well, unzip the file transfer program.
For the initial "raw copy" method I would suggest a *very* slow baud rate on the serial port to avoid transfer errors, probably BAUD 1200 might be a good choice. Error-free transfer rather than speed is the priority at this stage.
I think I'll give this process a go just to see how it works out but roughly you need to:
1) copy unzip over to ql using "copy" method
- on Windows: set com1 to 1200 bits per sec, 8 data bits, no parity, 1 stop bit, you can do this in a command prompt (on win7 in my case) with "mode com1 baud=1200 parity=n data=8 stop=1"
- prepare receive on QL: "copy ser1ir to mdv1_unzip"
- on PC: copy file.bas com1
2) Fix the received unzip program using the instructions on Dilwyn's site:
http://www.dilwyn.me.uk/arch/index.html
3) Copy QTerm from
http://www.dilwyn.me.uk/internet/index.html using the same steps
4) unzip qterm
5) Run TeraTerm on Windows and QTerm on QL and use Y-Modem for the rest of the transfers. (X-modem is not a good choice for binary programs because it will pad any file to a 128-byte block size inserting extra bytes at the end)
- at this point you can crack up the baud rate on the serial port
TeraTerm is a good alternative to HyperTerminal on Windows.
But, this is totally untested so I may have omitted something crucial here

I might give this a try later to see if my instructions work. I'm not even sure if it is possible to run QTerm on microdrives (probably yes)!
Cheers,
Petri