This lesson covers working with graphics in Dreamweaver MX, including identifying common graphic formats like GIF and JPEG, inserting images onto pages, managing images using the Assets panel, wrapping text around images and adjusting alignments, and inserting buttons and animations from Flash. Key topics include when to use GIF vs JPEG, referencing image paths, placing images on pages, using the Assets panel and Select Image Source dialog box, text wrapping options by setting image alignment, and adding Flash buttons and animations to pages.