Tyrant is a free premium WordPress theme. This is a WordPress 3+ ready theme with features like custom menu, featured images, widgetized sidebar, and customizable homepage widgets section, jQuery image slider on the custom homepage template. Theme also comes with an option panel. This theme also comes with customization option.
Theme options explained
The theme contains an options page using which you adjust various settings available on the theme.
Homepage widgets: There are 3 Customizable text widgets available on the homepage. You will be able to configure the content of these widgets from the options panel.
Slider category: Select a category for the jQuery image slider
Number of slides: Set a number for the slides
Banner setting: Configure the banner ads on the sidebar
Custom homepage template
The theme comes with a custom homepage template. You have to use the static front page feature under the reading settings. The following screencast shows the process