Frontier is a minimalistic wordpress theme from fabthemes.com. This is a WordPress 3+ ready theme with features like Custom menu, customizable jQuery slider, featured images, widgetized sidebar, customizable banner ads, theme options, etc.
The theme provides following options.
Slider settings – You can set a category and number of slides for the homepage slider. Images for the slider is pulled from the featured image you attach to posts.
Site intro – You can enter a line of text that can be your site intro. It will appear stylized below the jQuery slider.
Banner – Customize the ad banners from there.
Theme options plugin - http://wordpress.org/extend/plugins/options-framework/