I'm really new to Linux, but I'm quite fond of the Xbuntu 7.10 distro. Lightweight, fast, neat. I love it.
to try to answer your other question, about the differences:
I'm reasonably sure that at the core, all of the various distros are mostly the same. this is so, because they are all based on the linux kernal. the main differences between distros, IMO, is the apps that come with them, and the GUI. For instance, while some distros use the KDE environment, and Ubuntu uses the GNOME environment, Xubuntu uses the Xfce environment, which is really lightwieght, and good for computer like mine that are lacking in the hardware department.
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