Quartz Extreme is the name for the graphics engine built into OS X, it combined the power of OpenGL, Quicktime, and the various features on your computer's graphics card to render all the cool effects that OS X is capable of, and yes, your computer has it. The cube thing is how Fast user switching works...if you go to Apple.com and go to the OS X and then Panther preview, they explain it with pictures to depict how it works.