Screenshot of my current desktop. Kubuntu 6.06 (Dapper).
Kernel 2.6.15
KDE 3.5.2

Specs:
Toshiba Satellite A105-S4074 laptop
15.4" Widescreen
Res: 1280x900
Matshita dual layer DVD-RAM
HD 120G
RAM: 512M
Proc: Intel Core Duo (1.6ghz)

Programs shown:
Opera 9.01
XChat 2.6.1
Various Superkaramba 0.39 themes.
ETerm. For complete transparency and no borders, enter these arguments when running in a terminal, or create a shell script:

'Eterm -f white --trans --colors-suppress-bold --scrollbar off -x --buttonbar off -w 0'