The Status Bar

 

Shows the actual X- and Y-coordinates of the cursor on the drawing area.
Shows the width and height of the current drawing tool.
Colors: Shows the number of colors of the current icon. If IconEdit Pro responds sluggish then turn this off (menu Colors/Count Colors).
Size: Shows the size (in pixel) of the current icon.
Opacity: Here you can specify the opacity for each drawing tool. The values are stated in percent. 100 correspond to opaque and 1 correspond to transparent.