To change the homepage: Magento theme
http://www.magentocommerce.com/knowledge-base/entry/how-to-change-the-home-page
Get Featured product Inmagento
http://www.eglobeits.com/blog/magento-create-featured-product-block-on-home-page/
Extension For Featured product
http://www.magentocommerce.com/magento-connect/featured-product-with-scroller.html
http://www.magentocommerce.com/knowledge-base/entry/how-to-change-the-home-page
Get Featured product In
http://www.eglobeits.com/blog/magento-create-featured-product-block-on-home-page/
Extension For Featured product
http://www.magentocommerce.com/magento-connect/featured-product-with-scroller.html