Except a little different. With a minimum of common sense caution, a tire change in unlikely to cause you any damage. A slip of a screwdriver, or a sharp piece of metal could fry you in place, flash and blind you, or start your house on fire. And it could do it 3 years from now while you're sleeping.
Being careful not to cause a short in the process-- and by bypassing a seal that the power company put there to keep you from touching things. By breaking the seal you likely lose your fire insurance coverage if your bean-counting insurance company can blame the electric lines for the fire.
That part is similar-- but be sure to inspect, with your non-professional eye, every wire that you remove.-- and don't pull any insulation off under a staple or though a cable connector with your clumsy, inexperienced fingers.
Here's where it gets fun-- rerouting all those wires so they fit isn't likely. You will probably have to make some junction boxes. In the time you spend scratching your head and trying to decide how best to do this-- the pro who has been here 100 times before has the job done and is picking up his tools. [and if he screwed something up-- he gets a call and comes back to fix it]
I'm all for DIY- and have done stuff that everyone said to leave to the pros. But the risk/reward on replacing an entrance panel doesn't make it sound like a good idea to me.
Jim