Width - defaults to 10 px,
it dictates the area in which the tool looks for contrasting pixels as you
drag the mouse. By decreasing the number you are limiting the range and have
greater control and fewer leaps from the actual edge.
Edge Contrast - gives you
control to refine your selection. A low % makes it easier to find adequate
contrast and your selection will follow edges where there isn't a great deal
of difference between px.
Frequency - controls the
fastening points that are placed around the selection. The more fastening
points the more control you have.
Pen Pressure - this will
vary the pressure as you move around the selection if you have a
pressure-sensitive stylus pen.