There is no right-click

For all of those concerned that their Cr-48's touch-pad is broken, or just generally hating on the Synaptics driver, there's a much simpler explanation to your right-click woes. The Chrome OS pilot program notebooks don't have a right-click!  But don't fear, there are ways to simulate it.  Here's a breakdown of how to simulate key-presses that the Cr-48 doesn't actually have physical keys for:

• Right-click - Hold alt while left-clicking, or by tap both lower corners of the touch-pad simultaneously.
• Delete - Hold down alt and press the backspace key.
• Caps lock - Open System Settings (the wrench) and click the option for modifier keys.  Via the drop-down menu, you can change what the search key is mapped to.

Personally, I think the alt method for right-click is the simplest.  Thanks to JamesK, the Chrome OS Ninja, for telling me about it.