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.
Are those clowns insane?
… or just a little angry?
Do you even need to ask that?
Clowns are always insane.
Never trust a clown.
There is a reason those clowns were in jail!