Post-it notes: You can position them on the desktop as reminders for yourself.

Home directory (Windows Equivalent: "My Documents")

Pretty Obvious what this is, eh?

"Start" is a kinda combo of "My Computer" and "Control Panel"

This is a Linux console, giving access to the shell. Its nearest equivalent is the DOS prompt but it kicks more ass and is used a lot more in the day-to-day running of the system than DOS ever is. It can also be made transparent, as you can see here!

There are actually some good games for Linux but with the CSx and basic memory you aren't going to get much better than this!

The Gnome version of the start button!

Mozilla Web Browser

Ximian - Email/Calendar thingy.

Various Free Office Applications

Printer
(Duh!)

Switch between various desktop arrangements.

Task-bar type thingy.

Add new post-it note

The eyes follow your mouse everywhere!

Floppy Disk Mounter: You need to mount the disk before you can access it and unmount it again before you yank it out or Linux throws a wobbler.

Open New Console Window

You can probably guess what these ones are for: battery, power, time, etc. The tick is the update monitor.