The 1024 template gives your site additional content space. The right column is 225 pixels of more real estate for you to use however your department would like.
Listed are ideas that different departments have used in their right column space:
Medical Professional Advisement
East Tennessee State University PO Box 70300 Johnson City, TN 37614 423-439-1000
Academic Technology | Web Department 118 Sherrod Library | PO Box 70427 Johnson City, TN 37614 423-439-8249 |firstname.lastname@example.org