Sam,
I'll take a stab at specific gravity, in layman's terms (and someone more scientific can correct me as needd).
This is basically a convenient way of measuring relative mass. You take some particular volume of pure water, say a cubic foot, meter, or whatever you like, weigh it, and then arbitrarily say that it has a specific gravity of 1.0.
Now you take some other material, of the same volume (e.g. cubic foot) and weigh it. If it happens to be brass, depending on the exact composition it will weigh something on the order of 8.4 to 8.7 times as much - and that will be its specific gravity value.
This is one of those cases that makes you wish the US would get its act together (I know, it seems increasinly hopeless...) and convert to the metric system. Quoting from the link below, 1000 kg of pure water = 1 cubic metre. I don't know offhand exactly what conversion you need to do to get that to come out as 1.0 something, but that's how it works.
Ebony, for instance, has an average specific gravity of about 1.05, which means most specimens will not quite float. So it's a nice simple way, ignoring measurement units, of specifying relative mass, density, or weight.
Somehow or other, density seems to be quite relevant to the sound of our instruments, but that's only one of many factors.
Here is a site that lists specific gravity for a number of different materials.
Mica - thanks for your notes. If you get the time (hah!), it would be great if you could also include some of your favorite wood links.
-Bob