Many times I used to wonder what best can be done to utilize the side space. I came up with an interesting widget which adds a fix shortcut icons which can be used to link your Facebook, Twitter, Linked In, RSS Feed and email subscription links.
Use the post to get more details and plese reply with any suggestions if any..
http://www.latest-techtips.com/2011/03/how-to-add-side-shortcut-widget-in.html