Hi bheadrick,
Thank you for the response! The "links" in wordpress are pretty much what I was looking for. But, I need them to be displayed in the sidebar within a panel that has custom formatting (background color, text color etc). To be exact, please check out the website http://www.twodaymag.com, which has something like a "twoday THE PULSE" panel in the top right portion with links. That is what I am trying to achieve. How do I go about doing that?
Thanks in advance.