I created a new project in Xcode 4 using the “Cocoa Application” template and added a few UI elements as seen below:

Now that I’ve designed this basic interface I’m at a loss for how to actually respond to user events for that button. What type of class should I create and how do I connect that class to IB?
I realize I could read the 100s of pages of Apple documentation that explains all this, but those tend to be too verbose and slightly overwhelming. Thanks for your guidance!
You Ctrl+Drag connections from your controls to actions (defined in code) of the other objects in your XIB file. Cocoa is a powerful framework and Xcode is a wonderful tool, but you’re going to have to do some reading to get started. Here’s a good site for beginners: Cocoa Dev Central. I recommend you study the tutorials in this order:
Then you can do some of the more advanced ones. The tutorials are designed for Xcode 3, but they should not be hard to follow, and it you run into problems, Google is your friend.