Eric Lander has an informative article which gives a comprehensive guide to Google Webmaster Tools.

Below is a small guide to Webmaster tools:-

1. Verification
2. The Overview
3. Diagnostics
4. Statistics
5. Top Search Queries
6. What Googlebot Sees
7. Crawl Stats
8. Index Stats
9. Subscriber Stats
10. Links
11. Google Sitemaps
12. Tools
13. Analyze robots.txt
14. Manage site verification
15. Set crawl rate
16. Set preferred domain
17. Enable enhanced image search
18. Remove URLs

These tools, all help in making the most of your Google experience. For the entire article, read Google Webmaster Tools: A Comprehensive Guide.

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