(context post by d1337r)

Looks like exiting BitCoin should be disabled until each transaction will get at least 1 confirmation Smiley

Phew - it’s taken a couple of hours but it’s now gone through Smiley. Wish I could generate coins more easily! Cheesy

0/unconfirmed means that your client has seen the transaction

1/unconfirmed means that your transaction has been included in 1 block, at this point you can be reasonably sure someone has picked up your transaction and it’s now in the chain.

as the number of confirmations increases, so does the confidence in the ‘truth’ of the transaction.

There is no way to cancel a transaction.

It is not possible with the current client to resend a transaction.

Bitcoin automatically rebroadcasts your transactions if it receives new blocks that don’t contain them.  It may take about an hour to get rebroadcasted.  It is relentless though.  It will keep nagging the network forever until your transaction gets into a block.