Sounds like you are seeing the Windows 7 taskbar. In Aero mode it can be semi-transparent. Right-click on the taskbar and select "Properties" if you get a popup menu. On the properties page is a checkbox to "Auto-hide the taskbar". Make sure it is checked, if not, click it to check it and then click the OK button at the bottom of the properties page.
If the box is already checked, the taskbar is poping up for a reason, like a message to be read on a window behind PE8.
If the taskbar is too big, you can select "Small icons" on that same properties page and even grab the top of the taskbar with the mouse pointer and a left-click and drag it to max or min size.
Make sure it is dragged down to the minimum size which is one icon high.
Hope these tips help.
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