Re: adding content to the 1.2 default theme homepage
I’m working on the child theme as well and I was really “impressed” with that code in home.php ))
I agree with you that for the actual site there is too small option to have only activity stream or blog bosts on the homepage… so I put my own home.php that has all my staff in the child-theme directory and it overrides completely the home page behaviour…
That probably is not the perfect solution, but probably it will work for you