Easy is relative.
If you're a hardcore DIY'er, then it's "easy". For the rest of us, it's pretty challenging.
Not having done this myself, I can't give you a step-by-step, but in general you have to disassemble the 388 enough to gain clear access to the VU meter panel. I believe this is best done from the very top panel access, but there's a fair amount of disassembly work to gain full access to the meters.
Once you've gained clear access to the meters, each meter must be removed from it's mounting and disassembled further. I know that once you have the meter in hand, you must carefully remove the plastic window from the body of the meter. Then you have clear access to the little bulb for replacement. I believe the 388 (small) meter bulb is a solder-in type of bulb.
Then, reassemble all components in reverse order of disassembly.
Sounds easy, huh?
Sorry if this post was too general to be genuinely helpful. It's not like you just take off a few screws, flip it over, pop it out, and back together again. Thankfully, as far as I know, all my 388 VU meter bulbs light properly. On the other hand, I do have an M35 and an M312 that need a similar bulb replacement,... something I've indefinitely postponed until I have the time and the will to tackle the job properly.
Good luck.