How about renaming Betatest! to "Welcome" or something like that, removing "bugs/ideas" and "getting involved" links and make it hide when user is logged in as oposite to current situation where "login/register" link is shown always?

Hi Goran, as you see we have evolved the Betatest! block into the current "You can...", picking some of your ideas.

tavon, I would leave "You can..." instead of "When registering..." since it sounds like we are explicitely forcing people to register, and in fact many of these actions can be performed without registering (the requests, post a message in the forum, become a sponsor...). I haven't found the way to edit the text myself.

Improvements are really fantastic. Great work.

I've removed the graphic header from the block.  It displays the original title "You can..."