Hi, without knowing your electronics background it is hard to say how easy this will be for you, but here are a few pointers...
You will almost certainly need a pull up resistor on both the i2c lines. You will also need to sort out the supply voltage. This chip needs 3.2 or below, the NXT will be supplying approx 5V, a couple of diodes may be needed to drop the voltage (possibly three). You may run into problems with the voltages on the i2c lines (should the pull up go the 3.2V or 5V, I would say 3.2 but this may cause problems). Mounting these devices can be tricky (they are pretty small). Then you need to get it all to work (having an i2c analyser or a scope would be a good thing). You may get lucky and everything will just work, but don't count on it. Check out the problems that the user Aswin had with trying to get a custom IMU sensor working. I'm not sure I would recommend the solution he finally ended up using!
https://sourceforge.net/apps/phpbb/mind ... ilit=aswinSo by all means go for it but make sure you know what you are getting in to. I'd certainly recommend buying more than one chip just in case you damage it when trying to get things sorted out.... Make sure you let us know how you get on...