Pelican is a free premium WordPress theme. This is a WordPress 3+ ready theme with features like custom menu, Custom welcome message box , widgetized sidebar etc. Theme also comes with an option panel. The homepage of the theme has a jQuery image gallery.

Theme options explained

The theme contains an options page using which you adjust various settings available on the theme.

Welcome section: There is a welcome section on the homepage. You can adjust the page message title and text via the option page.

Banner setting: Configure the banner ads on the sidebar

Required plugin – http://wordpress.org/extend/plugins/options-framework/