[Caustikola]

what exactly is this theory? i've been hearing about it from some physics geeks...what exactly does it entail

[fledarmus]

In short, it is an attempt to unify all of the forces in nature into a single equation, from which our current descriptions can be derived by choosing the right conditions. This would tie together strong and weak nuclear forces, electromagnetic fields and gravity in a single theory.

For more, you might want to start here http://en.wikipedia.org/wiki/Unified_field_theory to get a background, then google "unified field theory" to find everything from voodoo to pure speculation to metaphysics to true scientific research. Using google scholar will get you a narrower field of answers, but probably much more difficult to understand without any background.

Good luch - I think this is currently one of the most abused and misunderstood concepts in physics by the general population, having replaced relativity and chaos theory.