Great theme, it looks great. I am having trouble with the panel though. When I select the themes, both emerald and GTK, the panel doesn't seem to change to match. The colour scheme of the panel changes however it doesn't change to the glossy looking one you have in the screen shots. Any thoughts?

Thanks for your comment :)

The panel background graphic is not changed by emerald or the selected gtk-theme. You have to apply an image manually in order to change it. I added a link to the panel graphic I used - just download it, right click on your panel and select this image for the background.
There remains one single problem with the panel behind the menu items. Since these are skinned by the gtk-theme, they won't look pretty! The only way to fix this wich I figured out is to delete the file yourhomefolder/.themes/TGT4-Chrome/gtk-2.0/Menu-Menubar/menubar.png There might be a better way to do this by editing the gtkrc file of the theme, but everything I tried, didn't affect the menubar...

Please let me know if you find one!

I had to disable button halo/glow as it was making funky rainbow sparkles, but other than that this theme ROCKS!! Great job.