Hi all, I stumbled across a free app called Konfabulator recently.  I guess it's been available for the Mac kids for quite a while.  The program lets you set up various semi-transparent widgets on your desktop.  Examples:  System stats, local temp, stock ticker, ets.  I like it a lot so far.  It's unobtrusive and uses almost no resources.  Of course, I run dual monitors and have all ny widgets on my secondary monitor.  I don't know how much I would like the app if I had only one monitor. 
Link:  
http://www.Konfabulator.com/