I'm using Light 1.0. I want the static page to be the "New Home" page, and the posts page to be the one pre-labeled "Blog". I've tried numerous permutations of the information in the FAQ, but every time I set one of the pages as the static home page, whether it's a child of another page or not, the "Blog" page becomes unavailable. If you click it, it redirects you to New Home.
http://testingotbp.wordpress.com/
If I could hide the "Blog" tab, I think all would be well. Or if I could select it to be the posts page it would be perfect.
Am I asking too much of this theme?