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In an effort to help folks understand the simplicity of WordPress this presentation is called WordPress 101 and discusses how and what you can use WordPress for and what to look for during all your initial setup of your WordPress install.
While WordPress has its famous 5 minute install it still take a little bit past that to get it completely up and running. So enjoy the presentation and you can view the slides from the presentation here. Unfortunately some of the questions are a bit hard to here but I did try to repeat them to make them clear for the recording.