I'm rejecting this on the grounds that there is a panel applet for Breezy, Dapper and Edgy (and i'm sure in warty+hoary) that allows you to view io/load/cpu useage. right click panel -> add to panel -> system monitor.
** Changed in: Ubuntu
Status: Unconfirmed => Rejected
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LiveCD Gnome desktop desperately needs an IO load meter
https://launchpad.net/bugs/16899
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