Obviously, there is little to see here, as the first page of the comic hasn’t even been drawn! But as time goes on, new and exciting things will appear here. Look for the story to begin sometime in early 2011!
There are currently no widgets assigned to the right-sidebar, place some!
Once you add widgets to this sidebar, this default information will go away.
This theme also uses the WordPress 3.0 Menu system. You probably see the default stuff you have in the menubar. Go to Appearance -> Menu in the wp-admin (dashboard) and create a new menu.