Jeremy: What is Transparency?
CSK: The line, labeled Transparency, forecasts the transparency of the air. Here 'transparency' means just what astronomers mean by the word: the total transparency of the atmosphere from ground to space. It's calculated from the total amount of water vapor in the air. It is somewhat independant of the cloud cover forecast in that there can be isolated clouds in a transparent air mass, and poor transparency can occur when there is very little cloud.
Above average transparency is necessary for good observation of low contrast objects like galaxies and nebulae. However, open clusters and planetary nebulae are quite observable in below average transparency. Large globulars and planets can be observed in poor transparency.
A forecast color of white formally means that CMC didn't compute the transparency forecast because the cloud cover was over 30%. So it may be possible to observe during a white transparency forecast, but the real transparency is usually yucky. CMC's text page explaining this forecast is here.
Jeremy: What does seeing mean?
CSK: Seeing, forecasts astronomical seeing. (It's an experimental forecast.) Excellent seeing means at high magnification you will see fine detail on planets. In bad seeing, planets might look like they are under a layer of rippling water and show little detail at any magnification, but the view of galaxies is probably undiminished. Bad seeing is caused by turbulence combined with temperature differences in the atmosphere. This forecast attempts to predict turbulence and temperature differences that affect seeing for all altitudes.
Bad seeing can occur during perfectly clear weather. Often good seeing occurs during poor transparency. It's because seeing is not very related to the vater vapor content of the air.
OK. I proved myself wrong .. hee hee ... answered too fast.
Got the above info from the CSK FAQ.
If you want more info, like what Klutz said, you can ask QuanZhi - the guy who made the 7tmer clock. He normally answers within a day.
"The universe is composed mainly of hydrogen and ignorance." 
