Installing apps...Message says the app has access to...?

dreemesicle

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I'm checking out the apps in the Droid Market and when I go to install them, a red pop up window says "This app has access to the following...
*System tools...the app can prevent phone from sleeping.Will this drain my battery quicker?
*Storage (modify/delete SD card contents)
*Hardware controls (record audio, take pictures)

Since I'm a new Droid user, I'm not sure what all of this means to me.
The apps I was checking out were the ones listed here and the 10 Must Have Apps article. I sure could use your help!
 
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